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1 oct. 2020 - Australia-China Trade War

Description:

- Australia and China entered a trade war following accusations by the Australian government on the cause of the COVID-19 pandemic.
- The subsequent trade war initiated the rising of tariffs for many Australian raw produce including coal, barley and wine.
-This caused significant rising in both tariffs and a total depletion in relationships, disrupting Australian trade entirely and causing the agricultural and mining sectors to slow down in production and income.
- The stoppage of trade with Australia's biggest trading partner has had huge ramifications on the export industry, and significantly impacted local agriculture, reinforcing the fall of agricultural trade for Australia.

Ajouté au bande de temps:

Date:

1 oct. 2020
Maintenaint
~ Il y a 5 ans