Trade tensions rose between Australia and China after Canberra called for an international inquiry into the origins of the new coronavirus
China, accusing Australia of playing “petty tricks”, has recently suspended beef imports from four of Australia’s largest meat processors and is considering imposing hefty tariffs on imports of barley.
Birmingham said Australia reserved its rights to bring a case against China at the World Trade Organisation if Beijing imposed the tariffs on Australian barley. Canberra has insisted the call for the enquiry into the pandemic, which it says most likely originated in a wildlife market in the Chinese city of Wuhan, was not politically targeted at Beijing.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia vows to stand its ground as China piles economic pressure over pandemic probeBeijing suspended beef imports after Prime Minister Scott Morrison called for an inquiry into coronavirus origins.
Read more »
Canadian premier said China mishandled coronavirus, then China sniped back in a big way'A large body of facts and data suggest that China did not play down, obfuscate or cover up the dangers posed by the novel coronavirus when it emerged in the Chinese city of Wuhan,' the Chinese consulate stated.
Read more »
Cramer's week ahead: 'All bets are off' if another U.S.-China trade war sparksJim Cramer, the host of 'Mad Money,' delivered his game plan for the week ahead full of retail earnings reports.
Read more »
U.S.-China trade escalation singles out hostagesFurther U.S. restrictions on Huawei, along with TSMC’s decision to build a $12 billion American chip plant, heighten tensions between D.C. and Beijing. Multinationals like Qualcomm and Apple became giants by building scale to serve a global market. They are now vulnerable, too.
Read more »
Post-Pandemic, Americans Souring On ‘Made In China’Some 41% of Americans say they will not by Made in China products every again.
Read more »
U.S. cracks down on global chip exports to Huawei, China retaliation eyedThe Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment.
Read more »