Murray Watt: China barley decision mutually beneficial, wine next

News Snapshot:

China’s decision to repeal costly barley tariffs is “mutually beneficial” and Australia did not make any concessions to Beijing, Agriculture Minister Murray Watt has said. On Friday, the government confirmed that after three years and a lengthy World Trade Organisation dispute settlement, Beijing had scrapped the 80 per cent tariff on Australian barley. It cost the industry nearly $1 billion a year, and the decision has been welcomed widely from Australian growers. China removed its 80 per cent tariff on barley. But asked whether the Chinese government had received any concessions on the trade front, or any other trade-off for...