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Published on
24/03/2026 – 1:25 GMT+1

European Commission President Ursula von der Leyen on Tuesday sealed a free-trade agreement with Australian Prime Minister Anthony Albanese, slashing tariffs on most EU goods and farm exports.

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The deal marks another win for Brussels as it races to diversify trade ties and lock in strategic partners amid rising global tensions.

The pact will save the EU €1 billion a year in duties, the Commission said, with exports projected to climb as much as 33% over the next decade.

Agriculture proved a flashpoint, with EU farmers already pushing back against the Mercosur trade agreement and a legal challenge from MEPs threatening ratification.

Tariffs will eventually fall to zero on products including cheese (over three years), wine, some fruit and vegetables, chocolate and processed foods.

On the toughest issues — beef and sheep, which sank talks in 2023 — Australia agreed to quotas of 30,600 and 25,000 tonnes a year, respectively.

A safeguard mechanism will allow the EU to shield sensitive sectors if a surge in Australian imports harms the bloc’s market.

Beyond agriculture, the agreement opens access to Australia’s critical raw materials, including aluminium, lithium and manganese.

Brussels also failed to scrap Australia’s luxury car tax. Instead, 75% of EU electric vehicles will be exempt.

The deal is a geostrategic push

The Commission expects strong export gains in key sectors, including dairy (up to 48%), motor vehicles (52%) and chemicals (20%).

Brussels has prioritized the deal as it builds partnerships in the Indo-Pacific, where China’s influence has become central. A security and defence partnership with Canberra was also announced Tuesday.

“The EU and Australia may be geographically far apart but we couldn’t be closer in terms of how we see the world,” von der Leyen said, adding: “With these dynamic new partnerships on security and defence, as well as trade, we are moving even closer together.”

Since Donald Trump returned to power in 2025, trade agreements have taken on sharper geostrategic weight for the EU as it seeks new markets.

In 2025, Brussels struck deals with Mexico, Switzerland and Indonesia. The Mercosur pact was also signed earlier this year and will be provisionally applied from 1 May despite a European Parliament legal challenge.

More could follow. Talks are ongoing with the Philippines, Thailand, Malaysia, the United Arab Emirates, and countries in Eastern and Southern Africa, von der Leyen told EU ambassadors on 9 March.

Joshua Jackson says he knows he was “really just a footnote” in James Van Der Beek’s life, despite the “amazing” time they spent together as stars of the series “Dawson’s Creek.”

The star of “The Affair” is reflecting publicly for the first time about his former castmate, who died Feb. 11 at age 48 after a battle with colorectal cancer.

The time they shared on set was “formational” for them, Jackson said on “Today.” When the “Dawson’s Creek” pilot aired in January 1998, he was 19 and Van Der Beek was almost 21, playing characters who were 15.

“I know both of us look back on that time with great fondness, but I will also say that I know that I’m really just a footnote in what he actually accomplished in his life.”

Jackson spoke with great respect for his friend, who he said “became what we used to just call a good man, a man of the kind of belief, the kind of faith that allowed him to face the impossible with grace, an unbelievable partner and husband, just a real man who showed up for his family and a beautiful, kind, curious, interested, dedicated father.”

On the one hand, the 47-year-old said, “that’s beautiful.” On the other, “The tragedy of that loss for his family is enormous.”

Since Jackson and Van Der Beek played Pacey Witter and Dawson Leery three decades ago, both men had kids of their own — a 5-year-old daughter for Jackson, born during the pandemic with ex-wife Jodie Turner-Smith, and six kids for Van Der Beek with second wife Kimberly Brook. The latter couple’s children — two boys and four girls, ranging in age from 4 to 15 — were what Van Der Beek said changed everything for him.

“Your life becomes shared, and your joys become shared joys in a really beautiful way that expands your level of circuitry out to other people instead of just keeping it all for your own gratification,” the actor told “Good Morning America” in May 2023. “And the lessons, they keep on coming. It’s the craziest, craziest thing I’ve ever done, and it’s the thing that’s made me happiest.”

Knowing his colleague’s love for his family, Jackson said on “Today” that “for me as a father now, I think the enormity of that tragedy hits me in a very different way than just as a colleague, so I think the processing [of Van Der Beek’s death] is ongoing.”

The “Little Fires Everywhere” actor was on the morning show Tuesday to bring attention to colorectal cancer screenings.

Van Der Beek’s diagnosis, which went public in November 2024, was among the factors prompting Jackson to get involved with drugmaker AstraZeneca’s “Get Body Checked Against Cancer” campaign, which takes a lighter approach to a serious subject — cancer screening — through a partnership with Jackson, the National Hockey League and the Philadelphia Flyers’ furry orange mascot, Gritty.

“It is … true, the earlier you find something,” said “The Mighty Ducks” actor, “the better your possible outcomes are.”