China Scraps Tariffs on Australian Wine as Relations Improve

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(Bloomberg) -- China lifted its punitive tariffs on Australia’s wine exports, signaling an end to a three-year campaign of trade pressure on Canberra and...

-- China lifted its punitive tariffs on Australia’s wine exports, signaling an end to a three-year campaign of trade pressure on Canberra and raising hopes for a revival of the billion-dollar industry.Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleThe Ministry of Commerce in Beijing announced the move on Thursday.

China imposed tariffs of up to 218% on Australian wine in March 2021, after then-Prime Minister Scott Morrison called for an international probe into the origins of Covid-19. The decision has contributed to a glut that has brought the wine industry to its knees. Australian businesses are looking forward to China removing restrictions on eight Australian abattoirs and on the import of live lobsters, Vaughn Barber, chair of AustCham China, said last week. China hasn’t officially acknowledged its restrictions on lobsters from Australia.Donald Trump lashed out Wednesday at the New York judge who put him under a gag order that bars him from commenting publicly about witnesses, prosecutors, court staff and jurors in his upcoming hush-money criminal trial.

Donald Trump's NY hush-money judge issued a blistering order Tuesday that warned GOP frontrunner's lawyers against delay tactics.Trump Dunks on Ronna McDaniel’s NBC Firing: ‘Only Lasted Two Days’

 

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