The Forum > General Discussion > Trade War With China
Trade War With China
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In the latest development, China firstly threatening to slap major tariffs on Australia's barley exports, which could rip hundreds of millions of dollars from the grain trade, as China sources barley from countries such as Canada. According to the Chinese, Australia has engaged in "dumping" of barley in their market. Next has been the imposition of a trade ban on several Australian abattoirs exporting $3.5 billion of beef into China. China sites technical issues concerning labelling and health certificate requirements as the reason.
A trade war with China is something Australia can ill afford at this time. Was it just a noble act in calling for an investigation into coronavirus, or indeed as the Chinese claim, were we acting at the behest of the failing Trump administration in Washington. Whatever the reason the trade outcome for Australia can only be dire, if it continues as is.