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Products like coal and timber, but in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and canberra. The Centreleft Labor government was replacing the right wing government. That allowed a reset of relations between beijing and canberra which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money to buy coal and barley from other places, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. You said some tariffs remain but there are other sticking points in a relationship so is it possible they could go back to where they were or is a relationship on its way to recovery . China will always have difficulty with human rights and democratic freedoms and things l ....
On tuesday with trade figures due forjuly. slower global demand has led to a fall in exports injune. midweek will have the latest inflation barometer as china continues to struggle from its post pandemic rebound. rounding off and inflation will get us reading on thursday. any increase in price growth could pressure the american central bank, the federal reserve, to raise rates in september. earlier, i spoke to tim murray, and he explained what he s expecting. i would expect it to again be slightly lower than expectations. right now, what s positive about inflation in the us is that a lot of it was generated by housing prices. so, shelter is about 40% of the cpi number. we know that s coming now. ....