Australia said it will consider challenging China's imposition of hefty anti-dumping duties on Australian barley imports at the World Trade Organization (WTO), saying fears of a looming trade war with its largest trading partner were misplaced.
SYDNEY - Australia said it will consider challenging China’s imposition of hefty anti-dumping duties on Australian barley imports at the World Trade Organization , saying fears of a looming trade war with its largest trading partner were misplaced.
China announced anti-dumping and anti-subsidy duties totalling 80.5% on Australian barley imports from May 19, which is expected to all but halt a billion-dollar trade between them. Australia’s total exports to China are worth A$135 billion, with iron ore exports worth A$63 billion. However, a state government minister in Western Australia, home to much of Australia’s barley crop, thought otherwise.
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