Aussie Exporters Brace for More Trade Reprisals From China
A train carrying iron ore travels toward Port Hedland, Australia.
Photographer: Ian Waldie/BloombergExporters Down Under are waiting nervously for fresh reprisals from China after Australian Prime Minister Scott Morrison canceled a Belt and Road Initiative deal.
After Morrison’s call a year ago for Beijing to allow independent investigators free rein to enter Wuhan to probe the origins of the coronavirus, Australian goods including coal, barley and wine were hit with a series of crippling tariffs and revenue-sapping entry delays into China, by far the nation’s largest trading partner.