US-China trade war opens the door for Australian exports - AFR
The Australian Financial Review (AFR) carried a story on the impact of a potential US-China trade war on the Australian trade.
Key Quotes:
“Australian industry group GrainGrowers says retaliatory tariffs by China against US exports could create an opportunity for its members to boost sales.
China was Australia's biggest market for barley with exports up to $1 billion a year and also the biggest market for sorghum with exports worth about $300 million a year.
"Well over 90 percent of our sorghum already goes to China. There is room for growth in that market but a limiting factor will be how much we can increase production".
National Farmers Federation said it was fundamentally opposed to tariffs barriers ... but would react to market opportunities.”