Latest editorial
Japan and Australia agreed on a free-trade deal yesterday that both sides claim will yield windfalls for their economies.
The deal, which follows seven years of talks, is Japan’s first such pact with a major agricultural economy.
It calls for Japan to reduce its 38.5 per cent tariff on Australian beef to 23.5 per cent within 15 years, although the deal limits how much can be imported.
US tariffs have had Von der Leyen bowing in submission, while comments from the former European Central Bank leader call for more European political integration and less individual state sovereignty. All this adds up to more pain and austerity ahead, argues NICK WRIGHT
It’s the dramatic rise of China with its burgeoning economy that has put the Trump administration into a frenzy – with major implications both at home and abroad, argues MICHAEL BURKE
