China to lift tariffs on Australian barley as trade ties improve

News Snapshot:

The crop is seen in a barley field at a farm near Moree, an inland town in New South Wales, Australia October 27, 2020. Picture taken October 27, 2020. REUTERS/Jonathan Barrett/File Photo BEIJING/SYDNEY Aug 4 (Reuters) - China's Ministry of Commerce said on Friday it would drop anti-dumping and anti-subsidy tariffs on Australian barley imports that had been in place for three years affecting billions of dollars of trade, as the two nations repair strained ties. China and Australia agreed in April to resolve their dispute over barley imports, with Canberra to suspend a case at the World Trade Organization...