China drops tariffs on Australian wine
- China is lifting anti-dumping and anti-subsidy tariffs on Australian wine, ending three years of punitive measures and offering relief to Australian wine producers.
- The removal of tariffs on Australian wine comes after ties between China and Australia have improved significantly, leading to the easing of trade barriers.
- Australian wine exports to China, worth A$1.1 billion in 2019, are expected to benefit from the lifting of tariffs, allowing for expanded sales and marketing opportunities.
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Leaning Left27Leaning Right13Center23Last Updated29 days agoBias Distribution43% Left
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