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China has slapped tariffs on Australian wine and barley exporters. “A number of Australian agricultural commodities have been impacted over the last 12 months including wine, beef and of course barley and this has obviously been quite disappointing,” Craig said. "We ask the independent umpire to adjudicate and ultimately help settle those disputes," said Simon Birmingham. Therefore, it is not a matter of surprise that huge losses have been predicted for the Australian Barley market. Since China erected a 80.5% tariff barrier against Australian barley, 300,000 metric tons (330,000 U.S. tons) of the crop have been delivered to China to fulfill preexisting orders. Speaking on Wednesday, Australia's trade minister said it was the "appropriate next step" for the country to escalate the matter to the global trade body. 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Australia is the biggest barley supplier to China, exporting about A$1.5 billion to A$2 billion ($980 million to $1.3 billion) worth a year, which is more than half its exports. Australia’s barley exports to China had been worth around US$1 billion a year before a recent drought, used most notably used in brewing. Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures. Chinese authorities have told Australia “to improve its plant export quarantine supervision system,” the customs agency said. Within two months, Australia's wine producers were notified they were the subject of an anti-dumping investigation. Weekly quiz: What's the Sex and the City reboot called? Agriculture Minister David Littleproud said Australia used world-leading quality controls on grain exports. In the short run, the costs are likely to be higher compared to those once producers, and the industry more broadly, have had time to respond. Aussie barley exports. Restrictions on coal, lobsters, timber, red meat and cotton exports from Down Under have also been placed. CANBERRA, Australia -- A major Australian barley exporter barred from China in the latest trade dispute to hit bilateral relations said on Wednesday the Chinese are only now acting on grain shipments dating back to 2019. Australia is a dominant player in world barley export markets, representing 30-40 percent of the world’s malting barley trade and 20 percent of the feed barley trade. Around 88% of barley exports to China are produced on the large grain farms in Western Australia. Turn on desktop notifications for breaking stories about interest? Around 88% of barley exports to China are produced on the large grain farms in Western Australia. This has caused alarm in Australia as China is its biggest trading partner, accounting for close to 40% of exports. Tension has been building between the 2 nations for quite some time now, but this is the first major action Australia has taken to tackle the problem. Mark Rutte's cabinet resigns after families were wrongly accused and many faced financial problems. Australia demands sit-down talks with China and lodges a World Trade Organisation dispute over huge barley tariff. In May China imposed an 80% tariff on imports of Australian barley and restrictions on imports of Australian beef. Asked if CBH were a casualty of a political dispute between China and Australia, Craig did not directly answer. “The government is working with the exporter and Chinese authorities to resolve the matter,” Littleproud said in a statement. Australian barley. 'Violent gust of wind' caused Grand Canyon crash, The 69-year-old trolled for her 'too sexy' photos, Rise and fall of the Spanish state's secret fixer, .css-1snjdh1-IconContainer{display:none;height:0.875em;width:0.875em;vertical-align:-0.0625em;margin-right:0.25em;}Inside the world's richest e-sports player's mansion. China takes in more than 50% of Australian barley exports, most of which it is malted barley. Tension has been building between the 2 nations for quite some time now, but this is the first major action Australia has taken to tackle the problem. China's 80% tariff on barley - imposed in May - was the first Australian agricultural export to be sanctioned this year, and came after Chinese trade officials alleged illegal dumping practices. China is Australia’s … Typically, at least half of Australia's barely exports would be bound for China, in an annual trade that was estimated to be worth $1.5 billion in 2018 but due to drought fell to $600 million in 2019. "Bulk grain terminal shipping stems show about 650,000 mt [of barley] shipped in April and May [to China], so season-to-date, Australia is estimated to have exported over 1.2 million mt of barley to China… ABARES modelling indicates that Australian exports of barley to China would cease under an 80.5% tariff. China's 80% tariff on barley - imposed in May - was the first Australian agricultural export to be sanctioned this year, and came after Chinese trade officials alleged illegal dumping practices. Spokesman Wang Wengbin added that Australia had blocked or cancelled the contracts of Chinese businesses in Australia on unsubstantiated grounds. Trade Minister Simon Birmingham acknowledged that appeals to the… China has slapped tariffs on Australian wine and barley exporters. China put an 80.5 per cent tariff on Australian barley in May, alleging dumping Why did China really go cold turkey on Australian wine? .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Australia accuses China of undermining trade agreement, How a blow to Australian wine shows tensions with China, How Australia-China relations have hit 'lowest ebb in decades', Australian journalists flown out of China 'amid diplomatic standoff', Dutch government quits over welfare fraud scandal. 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