News Snapshot:
On Thursday, Australia’s trade minister travelled to Beijing, intending to persuade China to eliminate hefty tariffs on his country’s exports. After years of strained commercial and political ties, trade minister Don Farrell expressed optimism for “unimpeded” trade with Australia’s largest trading partner. “During my visit, I will be advocating strongly for the full resumption of unimpeded Australian exports to China — for all sectors,” he said in a statement, adding it would benefit exporters and producers in both countries. According to Farrell, he will meet with Wang Wentao, China’s minister of commerce. At the height of a contentious conflict with...