Thursday, June 17, 2021

UK - Government reaches historic deal on US tariff dispute

The International Trade Secretary Liz Truss has today struck an historic deal with the US on the Airbus-Boeing dispute in a major win for industries like Scotch whisky.
After talks with US Trade Representative Katherine Tai at the Department for International Trade’s headquarters in central London, both sides have agreed to suspend retaliatory tariffs for 5 years and cooperate more closely on tackling unfair trade practices by non-market economies. 

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Australia - Annual indexation of skilled visa income thresholds from 1 July 2025

From 1 July 2025, skilled visa income thresholds will be increased by 4.6%.   Income thresholds are indexed annually so wages for skilled mi...