9 hours ago

Australia and EU Sign Landmark Trade Pact to Reduce Dependence on China for Critical Minerals

TLDR: The Australia-EU deal eliminates import tariffs on critical minerals, strengthening supply chain security beyond China. Over 99% of EU goods exported to Australia will be tariff-free, saving European firms €1 billion annually in duties. Australian farmers criticised the deal, citing beef export quotas and lack of meaningful agricultural market access. Australia raised the luxury [...]

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Source: Blockonomi →