When the Chinese government hiked tariffs on Australian wine last year, it effectively tripled prices and all but decimated a $1.1 billion export market. At the time it was but the latest front of a rapidly expanding trade offensive, that has come to threaten exports from barley and lobsters to timber, tourism, and even Australian coal. Now Australia looks like it’s going to get an independent third party to review whether China’s justifications for doing it stack up. Here’s what you need to know. What set this all off? The trade dispute between Australia and its largest trading partner appears to have fairly ... (full story)