Iron ore, a lever to pull Australia, China out of trade war 2 minutes read
By Rocío Otoya
Sydney, Australia, Dec 30 (efe-epa).- Iron ore is pushing Australia and China, the world’s largest exporter and importer of the raw material, to reach an understanding despite escalating trade tensions between the two countries.
Bilateral relations have strained throughout the year with several friction points, including import tariffs on several Australian products by China.
Barley, wine, beef, and coal are some products directly or indirectly affected by the trade war with China.
According to Australian experts, it is a retaliation against Canberra after it called for an international investigation into the origin of the Covid-19 pandemic, which first surfaced in the Chinese city of Wuhan.