. Some say it is retaliation for Australia's push for an inquiry into the origins of COVID-19. But others in the international trade community saw it coming and say the origins and potential ramifications of the dispute run much deeper., and Australian farmers are firmly in the firing line.
Dumping is not illegal but the World Trade Organisation has guidelines about the practice. Most countries – including Australia – have "anti-dumping" processes by which governments can deem a foreign country to be engaging in unfair dumping and impose a tax on those goods to level the playing field for domestic producers.
Despite prolonged consultation with Australian farmers and our government, China's Ministry of Commerce has decided to apply a "countervailing duty" on barley imports from Australia.It's a tariff, by any other name. What's a tariff? Essentially a tax imposed by a government on goods or services imported from other countries. They are there to protect domestic suppliers – and jobs – from competition.
Another effect of tariffs is that consumers end up with less diversity in the products available to them because foreign producers don't bother trying to market their goods in a country if they know their goods won't be priced competitively. Instead, consumers tend to get whatever domestic producers make.
I feel really sorry for the people of Bali that are caught up in this.
Australia has been provoking China in many ways and follow US and UK. Stopping HUAWEI equipment purchases with no evidence. Posturing in South China sea with US Navy. Politicians openly criticizing China. Australia need to wake up foster neutrality.
Just same type of tariff ban they imposed on the Philippines when they wouldn't play ball over the SCS, this type of action is how they react when things don't go the way they want.
China will take US barley at the expense of AUS, a nice bit of foreign policy work ScottyGotPlayed
Who cares. End trade with them!!!
Then how about we stop China purchasing Australian property including farms.
Because we punched our largest client. Because We again China on be half of USA! Our government ignor our farms interst , just make sure stand with USA. But can we export it to USA? Our “ friend”? They are trying to export it to China!
“China is the largest beer market in the world with an annual consumption of 45.7 billion litres, twice as much as the US, and more than five times what Germany, the largest beer market in the EU, consumes.” And it is Alcohol. While it can be processed into finer of kosher menu.
This article did not identify the potential mysteries suppliers of the 2.5 million tone of barley. Will the Chinese order go to the US farmers as a result of US-China trade deal phase 1? Or it is designed to protect Chinese farmer to encourage local production?
Retaliation is one of the reasons, but it's probably the last and least one. Chins are playing a much bigger game; there are a series of comprehensive and complicated reasons, from its high-level politician's unrest to Xi's governing policies to China's financial capacity...
According to China's statement: 70% for 'dumping' and 10% for government subsidy. Ignore the hysteria and conspiracy theories and address the charges!
Yeah trumped trap, he got us to pull the tigers tail & then he swiped our bowl 🙄 who would have thunk! Is USA name on the inquiry?
Its a bit like the Yanks set us up to shoot their bullets and upset China so the USA can take our trade. Australians are losing lucrative markets. If its good for the Yanks why is not good for Australia
We have to wean ourselves off easy trade with China. They are way too unfriendly, way too dangerous. We have Europe, Africa, the Americas, S/E Asia, Japan and even Russia to trade with, all friendly.
' Australia has finally been engulfed by the global trade wars stirred up by US President Donald Trump, and our farmers are firmly in the firing line' it is so dumb to start a trade war in a pandemic Just plain dumb n Oz is just aUS puppet
No one should trust China.
Trump’s pulled the old three cup shuffle and moved Chinese barley deals to the US.
“Despite Australia's free-trade agreement with China, large duties of about 140 per cent still apply to Chinese steel and aluminium products, including pipes imported to Australia. “ Don’t cry. Deal.
Because fascists are desperate, they are dumb and clearly do not know what they are doing.
Slap an 80% increase on iron ore - AND find new markets
Although supplanted by wheat & rye in baking, barley is used with gluten content thickener extensively in soups, cereals, animal feed, beer production. oh it contains Vitamin K and america has a higher nutrition content to Australia`s lack of available farming land due to coal
30% of australia's exports goes to China all with alternative sources, but still, australia is the first western country to ban HUAWEI 5G(even before us did), and now the so called coronavirus investigation. You just crossed the line way to much, and you will see what's coming.
Sometimes it’s better to brace the storm together when Australia still has the strength. If we don’t do it now, Australians will be forever being trampled with no end in sight for our coming generations. That will be 😭😭😭for our kids.
Interesting article, the only conclusion I can draw from it is we need to push into a new market. July 5 that free trade agreement with Indonesia kicks in and Bintang might just be made with Aussie barley soon.
Because the government of Australia is a puppet to the current US administration but without the power that forces China to behave in a more restrained way. If you are going to challenge a superpower, you have to have the means to back it up. Australia does not.
you know why
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