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ABC News
ABC News
Business
foreign affairs reporter Stephen Dziedzic

BIZARRE: Federal government says agreement reached with china to resolve barley dispute | Mind Blowing Facts

The federal government has agreed to suspend its appeal to the World Trade Organization over Chinese government tariffs on Australian barley just before the international body was due to hand down a finding over the dispute.

In May 2020, China imposed tariffs of 80 per cent on Australian barley for five years, crippling a trade worth up to $1.5 billion a year.

The former Coalition government appealed that decision to the WTO, rejecting China's claims that Australia had used subsidies to distort the market.

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