Trump threatens AUKUS; BYD boss: EV prices are falling; retailer’s price plummets

Friday 13 June 2025

Donald Trump threatens the AUKUS deal, as analysts claim it is part of a bid for a lesser deal for Australia. 

And more, including:

• BYD boss claims cheaper EVs are on the way. 
• The share price of one of the country’s favourite online luxury retailers tumbles as it downgrades its profit outlook. 
• Consumer sentiment picks up, slightly.
• The US and China close to doing a deal over tariffs.

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