SYDNEY, March 11 — China’s review of tariffs on Australian wine is progressing well, Chinese Ambassador Xiao Qian said today, but he stopped short of confirming an Australian...
Beijing rocked some of Australian biggest export industries from coal to lobsters by imposing a host of tariffs starting in 2020 amid souring relations between the countries over Australia’s call for an investigation into the origins of the Covid-19 pandemic and other factors.
A day earlier, Australia’s trade minister said China would complete its review into the years-long wine tariffs by the end of March. Tim Ford, the CEO of Australia’s biggest wine producer, Treasury Wine Estates, told the business summit his company had diversified since the tariffs effectively wiped out its biggest market but it was ready to return to China.“We’ve got clear customer relationships we’ve maintained. We’ll keep doing what we’ve been doing. It’ll be a fabulous opening up.”
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