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AUSTRALIAN FINANCIAL REVIEW | Hopes rise for end to China trade bans after barley tariff deal


The Albanese government is optimistic that a breakthrough over China’s punitive tariffs against Australian barley paves the way to lift the remaining trade sanctions that crippled $20 billion of exports at the height of political tensions between Canberra and Beijing.


Barley sales to China had been worth $916 million in 2018-19 before it became the first Australian commodity hit by China’s trade sanctions.


Victorian farmer and Grain Producers Australia Southern Region director Andrew Weidemann, who farms barley and canola at Rupanyup, about 290 kilometres north-west of Melbourne, said a reversal of the tariffs would lead to more grains being produced.


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