(Bloomberg) — What started as a political spat between Beijing and Canberra has become a one-sided trade war that threatens serious disruption for an expanding number of Australian exporters.China won’t allow imports of a swathe of Australian commodities and foodstuffs from as early as this week, according to people familiar with the matter. The curbs are a major escalation in Beijing’s pressure campaign following a two-year stand-off over issues from technology to the origins of coronavirus.China’s blacklist — delivered verbally to commodities traders — includes coal, barley, copper, sugar, timber, wine and lobster. It doesn’t cover materials, like iron ore …read more
Source:: Yahoo Finance
