Australia Calls on China to Lift All Trade Restrictions Following Barley Tariffs Removal

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Source: CNBC
Australia Calls on China to Lift All Trade Restrictions Following Barley Tariffs Removal
Photo: CNBC
TL;DR Summary

Australia has called on China to remove all remaining trade restrictions after Beijing lifted tariffs on Australian barley imports, signaling a potential normalization in bilateral ties. Australia expects China to also drop tariffs on its wine imports. The move comes as relations between the two countries have thawed, with high-level meetings taking place. Australia aims to resolve issues through dialogue and stabilize the relationship. China's trade curbs have prompted Australia to seek new markets for its produce, including through trade agreements with India and the UK.

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