China lifts tariffs on Australian wine as bilateral ties recover

Sail GP Halifax: The Extreme Race Experience | SaltWire #racing #sailing #catamaranBEIJING -China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies and offering long-awaited relief to Australian wine producers.

"Given the situation in China's wine market has changed, the anti-dumping and anti-subsidy tariff imposed on wine imported from Australia is no longer necessary," the commerce ministry said in a statement. "We welcome this outcome, which comes at a critical time for the Australian wine industry," the Australian government said in a statement.

Beijing started imposing tariffs on Australian products in 2020, prompting Canberra to complain to the World Trade Organisation . When the tariffs on Australian wine were levied in 2021, Canberra urged the WTO to arbitrate in the dispute.

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