EU to clinch trade deal with Australia after eight years of talks

Contributing sentiments towards policy:

65% : Von der Leyen told EU leaders last week that a deal would "strengthen Europe's presence in one of the world's most dynamic economic regions" and improve EU access "to critical raw materials -- such as lithium, cobalt, rare earth elements, and hydrogen," all vital to the green transition.
58% : The EU has secured one key demand, however: that its companies can buy minerals at the same price as those in Australia.
55% : Australia is expected to accept the EU offer of 30,000 tonnes of beef, after the EU reduced its own demands, according to two EU officials.
53% : EU trade commissioner Maroš Šefčovič told the FT that the two sides were "very close" to an agreement.
51% : Context: The EU and Australia have been negotiating a trade deal for eight years.
49% : It has abandoned efforts to get Australia to abolish its 33 per cent luxury car tax on expensive models such as BMWs and Mercedeses.
47% : Laura sat down with EU migration commissioner Magnus Brunner who had one answer on what is the single biggest factor driving people to flee their countries for the safety of Europe: "It's always Vladimir Putin.
44% : " Today, our trade correspondent reports on the Australia trade deal about to be inked, and one of the EU's top shipping tycoons warns our correspondent that sanctions on Russia risk "unintended consequences" for the continent.
41% : But Marinakis, whose ships have engaged in trading Russian oil after the full-scale invasion of Ukraine in 2022, also questioned whether the EU's sanctions regime on Russia was sustainable, warning it was adding pressure on the bloc's economy.
39% : Context: The EU's benchmark gas price has roughly doubled since the US and Israel first struck Iran last month, adding strain to already struggling European industries.
39% : His comments come after Belgium's Prime Minister Bart De Wever last week called for the EU to normalise its relations with Russia to access cheap energy.
38% : A similar trade deal with the Mercosur bloc in South America caused EU-wide protests by farmers and was notably opposed by France.
36% : Staying afloat One of Greece's biggest shipowners has warned EU sanctions on Russia risk "unintended consequences" for the continent, as soaring gas prices due to the Middle East war pile pressure on the bloc's energy strategy, writes Alice Hancock.
25% : Setting aside the beef The EU and Australia intend to clinch a trade deal today to demonstrate commitment to a rules-based order in the face of US President Donald Trump's tariff threats, writes Andy Bounds.

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