China added to tensions with Australia on Monday by announcing 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.
FILE PHOTO: Imported barley is transported from a cargo ship at the port of Nantong, Jiangsu province, China February 21, 2014. REUTERS/Stringer
The Chinese ministry said duties of 73.6% would be levied on all companies, including four named exporters, The Iluka Trust, Kalgan Nominees Pty. Ltd, JW&JI Mcdonald & Sons and Haycroft Enterprises, as well as an anti-subsidy duty of 6.9%. “It’s very replaceable,” said Andries De Groen, managing director at Germany headquartered barley trader Evergrain.“We reject the basis of this decision and will be assessing the details of the findings while we consider the next steps,” Birmingham said in an emailed statement.Australia’s relationship with Beijing soured in 2018 when it banned Huawei [HWT.
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