China’s Commerce Ministry lifts anti-dumping, anti-subsidy tariff on Australia imported barley from Aug 5

Dhwani Mehta FXStreet

In a piece of welcome news, China’s Commerce Ministry announced on Friday that the country will lift the anti-dumping and anti-subsidy tariff on barley imports from Australia, effective August 5.

No further details are provided about the same.

Market reaction

AUD/USD receives a fresh boost from the above headlines, now regaining the upside traction toward 0.6600. The pair is trading at 0.6575, up 0.37% so far.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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