Ron Farrell News Today

Trade chief Don Farrell will push for removal of restrictions on wine, lobsters and meat in talks with Chinese counterpart at WTO summit. He also told the ABC he will raise the case of Australian writer Yang, who was handed a suspended death sentence on espionage charges.

(Bloomberg) -- The crippling tariffs that China’s government imposed on Australian wine exports almost three years ago could be lifted shortly, Australia’s trade minister Don Farrell said on Sunday.Most Read from BloombergMike Johnson May Be the Next House Speaker to Lose His JobNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press On‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesHarvard College Early Applications Drop 17% From Last YearChina&#...

Since the beginning of the Pacific War, General Henry “Hap” Arnold, Commander, 20th Air Force, had dreamed of the day he would have enough B-29 Superfortresses on hand to bomb

(Bloomberg) -- A free-trade agreement between Australia and the European Union looks unlikely before Europe’s election season in mid-2024, Trade Minister Don Farrell said, pushing back any potential deal to the second half of the year.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial...

The EU has shown that “hard bargaining” does not work, but the Australian Government hasnt learnt any lessons from the UK’s failed Brexit negotiations.

It wouldn’t be the first time domestic U.S. politics have upended an American-led trade initiative in the region.

Australia said on Wednesday China could lift all its remaining trade blocks by next month as relations between the commodity trade partners stabilise and after Prime Minister Anthony Albanese's visit to Beijing earlier this month. Albanese's government has taken credit for patching up ties with China since coming to office last year. China has lifted most trade blocks imposed amid a 2020 diplomatic dispute after Australia called for an inquiry into the origins of COVID-19.

So far this year, Chinese imports from Australia are up 8.4% from a year earlier

(Bloomberg) -- The US ambassador to China, Nicholas Burns, called for increasing trade between the superpowers, while Australian Trade Minister Don Farrell said ties with Beijing are improving.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Ir...

Australian prosecco producers and Australian Grape & Wine have supported Trade Minister Don Farrell's decision to walk away from a free trade deal with the European Union.