Australia wants its port back

Australia wants its port back

FT News Briefing · 2025-08-05
11:31

US President Donald Trump wants to raise tariffs on India and the CEO of Deutsche Bank approved a controversial trade he was later tasked with probing. Plus, Australia wants a port they sold to China back, and Tesla’s board gave chief executive Elon Musk $30bn worth of shares after threats from him to resign.  


Mentioned in this podcast:

Donald Trump to raise tariffs on India over Russian oil purchases

Deutsche Bank chief approved controversial trade he was later tasked with probing

The remote Australian port caught in a US-China security tussle 

Tesla board awards $30bn of shares to ‘energise and focus’ Elon Musk


Today’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com

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FT News Briefing

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

Hosted on Acast. See acast.com/privacy for more information.

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