‘Fairytale’: Trade chief’s warning as Coalition moves to block EU deal

Key points

• Trade Minister Don Farrell has warned that Australia will not get a second chance at a free-trade deal with the European Union. Sources say the Coalition will move to block the agreement, clinched in March, from passing parliament next year.
• Opposition trade spokesman Matt Canavan has called the deal the worst trade deal ever, objecting to binding climate obligations and tariff terms.
• Business groups argue the agreement offers access to a market of 450 million people and should not be abandoned.