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Australia rules out trade war retaliation with China despite barley tariff escalation

Summary:
[unable to retrieve full-text content]Australia has ruled out retaliating for China’s tariff of over 80 per cent placed on its exports of barley, insisting that the two countries have not entered into a trade war.Late on Monday night, China confirmed an 80.5 per cent tariff would be placed on barley exports from Australia after concluding its 18-month anti-dumping investigation, which ruled Australia imports had hurt its domestic market.Earlier in the investigation that began in November 2018, Chinese authorities had proposed a…

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[unable to retrieve full-text content]
Australia has ruled out retaliating for China’s tariff of over 80 per cent placed on its exports of barley, insisting that the two countries have not entered into a trade war.Late on Monday night, China confirmed an 80.5 per cent tariff would be placed on barley exports from Australia after concluding its 18-month anti-dumping investigation, which ruled Australia imports had hurt its domestic market.Earlier in the investigation that began in November 2018, Chinese authorities had proposed a…

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