News live: ‘unclear’ if Trump’s tariffs will happen, Medicines Australia says; businesses ‘optimistic’ about PM’s China visit

<p>Follow today’s news live</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p><strong>Australia’s biggest peanut supplier set to shut down</strong></p><p>The corporate owners of Australia’s biggest peanut processor will scale down the century-old business in the coming 18 months before shutting it down for good.</p><p>There isn’t detail, and it’s unclear whether those tariffs will ever actually be applied.</p><p>We do know that the contributions from the pharmaceutical industry in the US to that investigation has been to urge the US government to focus their levers on non-friendly countries and not apply tariffs or punitive levers to allies such as Australia.</p> <a href="https://www.theguardian.com/australia-news/live/2025/jul/10/australia-news-live-anthony-albanese-antisemitism-melbourne-chris-minns-sydney-ntwnfb">Continue reading...</a>