Australian cotton growers are facing uncertainty around this year’s crop after reports from Beijing indicate that the Chinese regime has told its domestic spinning mills to stop using Australian cotton or they will face punitive actions. The Chinese regime has also informed the Australian industry it could soon face tariffs of up to 40 percent.
Peak body Cotton Australia and the Australian Cotton Shippers of Australia (ACSA) released a joint statement (pdf) on Oct. 16, that explained the National Development Reform Commission in China had discouraged the country’s spinning mills from using Australian cotton.
