China has removed tariffs of 35 per cent on international sugar imports, including those from Australia, after weeks of rising global trade tensions.
In a rare relief for Australian farmers, Beijing decided not to extend sugar import tariffs that have been in place for two years. The $2 billion local industry has been hobbled by the trade barriers, limiting its exports to China to $100 million a year.
China hit Australia with two trade strikes in early May on $1 billion worth of beef and barley. The move followed weeks of lobbying by the Morrison government for a global inquiry into the coronavirus. China insists the measures are unrelated.
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