Australia will launch a formal appeal to the World Trade Organization (WTO) seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Australia Minister for Trade Simon Birmingham said on December 16, 2020.
China is the Australian barley growers' largest market. China effectively ended imports of Australian barley in May by putting tariffs of more than 80 per cent on the crop, accusing Australia of breaching WTO rules by subsidizing barley production and selling the grain in China at below production costs.
Video source: Reuters
