DJIA27222.97
LIVE3.12(0.01%)
NDX7904.13
LIVE15.37(0.19%)

US-China trade war opens the door for Australian exports – AFR


Monday, 26 March 2018 10:49 WIB

Amerikachina Australia


c_740_198_16777215_00_images_assets_Global4_ausfinreview.jpg

The Australian Financial Review (AFR) carried a story on the impact of a potential US-China trade war on the Australian trade.

Key Quotes:

“Australian industry group GrainGrowers says retaliatory tariffs by China against US exports could create an opportunity for its members to boost sales.

China was Australia's biggest market for barley with exports up to $1 billion a year and also the biggest market for sorghum with exports worth about $300 million a year.

"Well over 90 percent of our sorghum already goes to China. There is room for growth in that market but a limiting factor will be how much we can increase production".

National Farmers Federation said it was fundamentally opposed to tariffs barriers ...  but would react to market opportunities.”

Source: FXstreet


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.