Trade Crisis Looms Between Australia & China - In Forests & Sea
China ramped up its trade assault on Australia with tariffs of up to 200% on Australian wine and enacted trade bans on Australian logs and crayfish. China's export ban is forcing the Australian timber industry to find opportunities in local markets in order to save jobs.
Resources:
- ABC News: China export ban forces timber industry to look to local market to save jobs
- The Sydney Morning Herald: Crisis looms in sea and forest as China tightens export bans