China Drops Heavy Tariffs Against Australian Winemakers

Published on March 28, 2024

Beijing has abolished heavy tariffs against Australian wine, a week after Chinese Foreign Minister Wang Yi visited Australia. The Chinese Communist Party (CCP) agreed to review the wife tariffs five months ago and has since gradually unwound the trade barriers. China’s Commerce Ministry said on March 28 it was “no longer necessary” to impose anti-dumping duties and other levies on imports of Australian wine. Prime Minister Anthony Albanese said the outcome came at a critical time for the Australian wine industry. “The re-entry of Australian bottled wine into the Chinese market will benefit both Australian producers and Chinese consumers,” he said....

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