China's finance ministry has announced changes to import and exports tariffs from the beginning of next year

  • will remove export tariffs on 94 products including iron ore

On imports:

  • to levy temporary tariffs on more than 700 items

China will completely remove import tariffs on goods produced in Macau and Hong Kong.

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Dunno how much impact that iron ore announcement will have on the AUD, China is a big importer of iron ore from Australia.