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CHINA SLAPS UP TO 200% TARIFFS ON AUSTRALIAN WINE

5 months ago | World Business News | 0 comments

By Xai Reyes

Starting on Saturday, China will impose taxes on Australian wine up to 212 % .

Its commerce ministry said these were temporary anti-dumping measures to stop subsidised imports of Australian wine.

The duties will range from 107% to 212%, intensifying trade tensions between the two countries.

In recent months, Beijing has targeted Australian imports including coal, sugar, barley and lobsters amid political tensions.

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