China imposed “anti-dumping tariffs on Australian wine” while Australia had a defiant reply saying diplomatic complaints seem to be “seriously concerning development” as oppose to winemakers’ action.
The Ministry of Commerce, reported Reuters, informed that:
“China will impose temporary anti-dumping tariffs of 107.1% to 212.1% on wine imported from Australia”.
The trade minister of Australia, Simon Birmingham, on the other hand, found the tariffs “unjustifiable” whereby upsetting many wine producers as the tariffs “will render unviable for many businesses, their wine trade with China”. Australia exports 37% of its wine production to China which is worth nearly “AU$2.9 billion”.
Earlier, China raised grievances about “Australia’s foreign investment, national security and human rights policy” whereby informing the latter that it needed to imply corrective measures for restoring “the bilateral relationship with its largest trading partner”. In the words of the Agriculture Minister of Australia, David Littleproud:
“China’s recent comments gives the perception that it’s more about their grievances around those matters, rather than in fact around anything any industry has done wrong”.
“It just doesn’t worry Australian exporters, it worries exporters from around the world.”
In August, China started “an anti-dumping probe” following a request from the “Chinese Alcoholic Drinks Association”, however, Canberra viewed the tariffs imposition as “part of a pattern of punitive trade measures” for Australia had called for “an independent inquiry into the origins of the coronavirus”.
Birmingham drew attention to “the cumulative impact of China’s trade sanctions against a number of Australian industries” and speculated about these stemming from “other factors” in that case it would be “completely incompatible with the commitments China has given” to WTO.
Moreover, this year China imposed tariffs on barley from Australia, besides suspending meat imports while Chinese importers were told that “across seven categories of Australian products from coal to seafood” could be subject to “customs delays” from November. While Reuters quote a wine importer from Shanghai saying:
“I will stop importing Australian wines for at least 3 months to see how things go. Many importers will stop the business, according to what I know, because it is simple not workable with such a deposit.”
References:
reuters.com
The Ministry of Commerce, reported Reuters, informed that:
“China will impose temporary anti-dumping tariffs of 107.1% to 212.1% on wine imported from Australia”.
The trade minister of Australia, Simon Birmingham, on the other hand, found the tariffs “unjustifiable” whereby upsetting many wine producers as the tariffs “will render unviable for many businesses, their wine trade with China”. Australia exports 37% of its wine production to China which is worth nearly “AU$2.9 billion”.
Earlier, China raised grievances about “Australia’s foreign investment, national security and human rights policy” whereby informing the latter that it needed to imply corrective measures for restoring “the bilateral relationship with its largest trading partner”. In the words of the Agriculture Minister of Australia, David Littleproud:
“China’s recent comments gives the perception that it’s more about their grievances around those matters, rather than in fact around anything any industry has done wrong”.
“It just doesn’t worry Australian exporters, it worries exporters from around the world.”
In August, China started “an anti-dumping probe” following a request from the “Chinese Alcoholic Drinks Association”, however, Canberra viewed the tariffs imposition as “part of a pattern of punitive trade measures” for Australia had called for “an independent inquiry into the origins of the coronavirus”.
Birmingham drew attention to “the cumulative impact of China’s trade sanctions against a number of Australian industries” and speculated about these stemming from “other factors” in that case it would be “completely incompatible with the commitments China has given” to WTO.
Moreover, this year China imposed tariffs on barley from Australia, besides suspending meat imports while Chinese importers were told that “across seven categories of Australian products from coal to seafood” could be subject to “customs delays” from November. While Reuters quote a wine importer from Shanghai saying:
“I will stop importing Australian wines for at least 3 months to see how things go. Many importers will stop the business, according to what I know, because it is simple not workable with such a deposit.”
References:
reuters.com