Beijing slaps up to 212% tariffs on Australian wine in response to price-dumping ...News

Economy by : (Russia Today) -
Chinese regulators said on Friday they would start imposing heavy duties on Australian wines after finding preliminary evidence of dumping. The move comes amid deteriorating trade relations between Canberra and Beijing. According to China’s Ministry of Commerce, starting from Saturday it will begin temporarily slapping duties from 107.1 percent to 212.1 percent on Australian wine imports. In August, the Chinese government announced an anti-subsidy investigation of some Australian wine imports, following a complaint from the China Wine Industry Association. It argued that some Australian wine was being sold cheaper (dumped) in China tha

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