China defends Iranian ties as Trump, Macron discuss Iran

China has defended economic ties with Iran, saying their business and energy ties do not affect the interests of any other countries. This comes after US President Donald Trump announced that companies will doing business with Iran will be blocked from doing business with the US. China has criticised the US for unilateral sanctions against…

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Turnbull talks tax, GST relief at WA state Liberal conference

Prime Minister Malcolm Turnbull has addressed the West Australian state Liberal Conference today, speaking about the GST, Mr Turnbull claimed to have delivered on a promise to reform the GST, saying he achieved a “long term reform”. This is in reference to a plan that would see the federal government add money into the GST…

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Chinese state media defends retaliatory tariffs on US

China’s state media defended retaliatory tariffs placed on $US60 billion worth of US goods by the Chinese government, saying they show “rational restraint”. “China’s countermeasures are rational,” said commentary in the Global Times, a tabloid run by the official state media. “China will not rush to compete with U.S. numbers.” The Chinese finance ministry announced…

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US to provide nearly $300 million in security for Southeast Asia

US Secretary of State Mike Pompeo has pledged close to $300 million in additional security funding for Southeast Asia, seeking to bolster the region against Chinese attempts to strengthen its interests in the area. Mr Pompeo announced the funding during the Association of Southeast Asian Nations (ASEAN) meeting in Singapore. “As part of our commitment…

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