China Lifts Anti-Dumping Tariffs On Australian Barley After Three Years, Easing Supply Concerns
Portfolio Pulse from Benzinga Newsdesk
China has lifted its anti-dumping tariffs on Australian barley after three years, which is expected to ease supply concerns. This move could potentially impact the performance of certain ETFs such as EWA and FXI.
August 04, 2023 | 2:51 pm
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POSITIVE IMPACT
The lifting of tariffs on Australian barley by China could potentially boost the performance of the EWA ETF, which tracks the Australian market.
EWA tracks the Australian market and the lifting of tariffs on Australian barley by China could potentially boost the Australian economy and, in turn, the performance of the EWA ETF.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The lifting of tariffs on Australian barley by China could potentially impact the performance of the FXI ETF, which tracks the Chinese market.
FXI tracks the Chinese market and the lifting of tariffs on Australian barley could potentially impact the Chinese economy and, in turn, the performance of the FXI ETF. However, the exact impact is uncertain.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70