Economics
China Targets Australian Wine, Says Ties Have Taken ‘Nosedive’
- Treasury Wine shares plunge in Australia after China statement
- Duties on Australian wine range from 107.1% to 212.1%
This article is for subscribers only.
Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.
China is set to impose anti-dumping duties of more than 100% on Australian wine from this weekend, adding to a series of sweeping trade reprisals this year and further escalating tensions with Canberra.