New "No Rules" Trading Environment Unsettles Australian Agricultural Exports
Source: AgriFutures Australia
New research shows uncertainty from ongoing bilateral trade wars between China and the United States have set the global trading environment back decades and undermined Australian agricultural exports.
A comprehensive AgriFutures Australia-funded report released this week gives policy makers, industry peak bodies and primary producers a roadmap as to how a less predictable trading environment may impact export markets.
AgriFutures Australia Managing Director, John Harvey said the ITS Global analysis, Bilateral trade wars: Understanding the implications for Australian agriculture, gives the industry a firm footing for policy creation.
Research Snapshot: Crustaceans
Australia’s exports of crustaceans may benefit from additional opportunities in the Chinese market due to tariffs on US product. However, Australian exports to other Asian destinations may suffer, as US exporters seek out alternative markets.
To download the AgriFutures Australia report, visit www.agrifutures.com.au/product/bilateral-trade-wars
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