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Tasmanian salmon producer says it will limit exports to China due to ongoing trade tensions – NEWS.com.au
Tasmanian salmon producer says it will limit exports to China due to ongoing trade tensions
A major Tasmanian salmon producer says the recent trade tensions with China has prompted the company to shift its exports to other economies. In an update to the Australian Stock Exchange on Tuesday, Huon Aquaculture said it was minimising its sales to the Chinese market amid the souring relationship between the two countries.
Chinese authorities have slapped Australian producers with crippling import tariffs across several industries, including wine, agriculture and mining.
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