{"id":560728,"date":"2026-03-24T08:34:08","date_gmt":"2026-03-24T08:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/560728\/"},"modified":"2026-03-24T08:34:08","modified_gmt":"2026-03-24T08:34:08","slug":"eu-australia-free-trade-deal-shows-rules-based-order-isnt-dead-yet-despite-global-economic-challenges","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/560728\/","title":{"rendered":"EU-Australia free trade deal shows rules-based order isn\u2019t dead yet despite global economic challenges"},"content":{"rendered":"<p>The road to the European Union-Australia free trade deal was paved with eight years of intransigence, diverging interests and diplomatic friction. Yet its signing this week represents a sensible step towards trade diversification; it cements a sturdier foundation with a like-minded partner and provides an important hedge against an increasingly weaponised global trade landscape.<\/p>\n<p>On a practical level, the agreement delivers some tangible benefits by eliminating almost all tariffs on exports and significantly increasing tariff-free quotas for local red meat exports. The threshold on the <a href=\"https:\/\/www.afr.com\/world\/europe\/cheaper-luxury-evs-to-hit-australian-roads-under-europe-trade-deal-20260323-p5sfqe\" rel=\"nofollow noopener\" target=\"_blank\">luxury car tax on European electric vehicles<\/a> has been raised in a modest gain for Australian consumers, while European firms secure a \u201clevel playing field\u201d for access to Australia\u2019s critical minerals by avoiding a dual price structure.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The road to the European Union-Australia free trade deal was paved with eight years of intransigence, diverging interests&hellip;\n","protected":false},"author":2,"featured_media":560729,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":{"0":"post-560728","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-au","9":"tag-australia","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/560728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=560728"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/560728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/560729"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=560728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=560728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=560728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}