China Removes Barley Tariffs on Australia, Boosting Trade Relations

China has lifted anti-dumping tariffs on Australian barley imports, signaling an improvement in bilateral relations and easing supply concerns. The tariffs were imposed in 2020 during a period of diplomatic tensions between the two countries. This move comes after Australia suspended its WTO complaint against China, allowing Beijing to expedite its review of the tariff decision. The removal of these duties opens the door for Australian barley exporters to re-enter the Chinese market. Australia also expects a similar process for the removal of duties on Australian wine. This development could provide an alternative source of barley imports for China, alleviating concerns about food price inflation following Russia's withdrawal from the Black Sea Grain Initiative.