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China tariff on Australia's barley reshapes global trade

Surging price hits brewers and livestock farmers while exporters shift to new markets

HAMBURG, Germany/MOSCOW -- Barley prices around the world are rising sharply as China sucks in crops from elsewhere after hitting Australia with steep tariffs last year as part of a diplomatic spat.

Prior to May 2020, Australia was China's main barley source. But Chinese importers are now escaping the whopping 80.5% tariff on Australian barley by buying up unprecedented volumes from France, Argentina, Canada and Ukraine. Australian farmers, meanwhile, are finding new outlets.

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