Major Australian business groups urge Labor to suspend immigration changes and consult industry, as Home Affairs Minister Tony Burke delays a speech detailing permanent migration target adjustments and potential visa curbs.
Business groups warn that an H5N1 bird flu outbreak in Australian commercial poultry flocks could drive egg prices above $10 a carton, following confirmed cases in wild birds. The industry, which contributes over $10bn to the national economy, has biosecurity plans, but concerns remain about wider species carrying the virus and the impact on free-range farms.
UK ministers are considering dropping some planned steel tariffs after manufacturers warned of significantly increased costs. The government aims to balance protecting domestic producers with ensuring secure supply, while also addressing similar EU measures.
The European Commission is working on a new trade weapon as the continent struggles to contend with a flood of low-cost imports from China. The tool may be presented at a May 29 gathering of the European Union’s executive branch, the South China Morning Post reported on Tuesday. Plans for a China-focused meeting were delayed from last month after the US-Israeli war on Iran prompted a new agenda focused on energy prices. It’s not clear what form the instrument will take. Business groups have been...
