Australian barley growers are the victims of weaponised trade rules
- Written by Richard Holden, Professor of Economics, UNSW
Trade tensions between Australia and China have escalated to the point where China has placed[1] an 80.5% tariff on Australian barley imports, beginning this week.
China has been a huge market for Australian barley[2]. It accounted for more than 70% of Australia’s exports between 2015 and 2018 and in 2016–17 it bought almost 6 million tonnes.
References
- ^ has placed (www.reuters.com)
- ^ huge market for Australian barley (www.graincentral.com)
- ^ CC BY (creativecommons.org)
- ^ 2.5 million tonnes (www.theguardian.com)
- ^ more than A$450 billion annually (tradingeconomics.com)
- ^ sore point and thorny issue (www.theguardian.com)
- ^ Another view (theconversation.com)
- ^ pointed out by my colleague (theconversation.com)
- ^ China used anti-dumping rules against us because what goes around comes around (theconversation.com)
- ^ saying (www.reuters.com)
- ^ Australia's links with China must change, but decoupling is not an option (theconversation.com)
- ^ View from The Hill: Yes, we're too dependent on China, but changing that is easier said than done (theconversation.com)
Authors: Richard Holden, Professor of Economics, UNSW