Category : Trade


China to Slap 55% Tariff on Australian Beef

China will impose a 55% tariff on Australian beef within days as exports surpass the annual quota, aiming to protect local farmers. The move follows rising popularity of Australian beef in China.

Northern Oyster Card Could Save £276 a Year

A proposed travel card for northern England, modelled on London's Oyster system, could save commuters up to £276 annually and generate £2.7bn for the economy over five years.

UK Challenges EU Over Steel Import Quota Cuts

UK business secretary Peter Kyle will meet EU trade commissioner Maroš Šefčovič to discuss EU plans to cut tariff-free steel imports by 47%, which the UK steel industry warns could be devastating.

Hong Kong Tops Switzerland in Wealth Management

Hong Kong has surpassed Switzerland as the world's largest cross-border wealth management hub, driven by inflows from mainland China and strong IPO activity. Swiss banks remain calm, seeing it as leverage against tighter regulations.

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