Australia flags possible WTO involvement over Chinese grain tariffs by Sky News Australia on YouTube
Australia flags possible WTO involvement over Chinese grain tariffs
Australia is preparing to take China to the World Trade Organisation as a tariff dispute over grain escalates. The Morrison government lodged an appeal against the 80 per cent tariffs which were slapped on grain producers but China upheld its decision, causing Trade Minister Simon Birmingham to say the next step would be to take the dispute to the WTO. Wine exporters have become the latest casualty of the trade stoush between Australia and China and have been hit by tariffs of up to 200 per cent, triggering fears smaller producers will not be able to recover. The strike on wine is the latest in a string of actions targeting export industries such as seafood, coal, meat and barley. Prime Minister Scott Morrison has flagged support for struggling producers.
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Australia is preparing to take China to the World Trade Organisation as a tariff dispute over grain escalates. The Morrison government lodged an appeal against the 80 per cent tariffs which were slapped on grain producers but China upheld its decision, causing Trade Minister Simon Birmingham to say the next step would be to take the dispute to the WTO. Wine exporters have become the latest casualty of the trade stoush between Australia and China and have been hit by tariffs of up to 200 per cent, triggering fears smaller producers will not be able to recover. The strike on wine is the latest in a string of actions targeting export industries such as seafood, coal, meat and barley. Prime Minister Scott Morrison has flagged support for struggling producers.
View on YouTube
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