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China slaps up to 200% tariffs on Top Stories

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China will impose taxes on Australian wine of up to 212%, starting on


Saturday.

Its commerce ministry said these were temporary anti-dumping measures to Features
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.

Officials in China have argued that some Australian wine is being sold cheaper
there (dumped) than in its home market through the use of subsidies.
Australia has rejected that assertion.
What were the motives behind
China is the biggest destination for Australia's wine exports, accounting for Iranian scientist killing?
39% in the first nine months of 2020, according to Wine Australia.

How reliant is Australia on China?

China launches second probe into Australian wine

The grief of losing a vineyard to bushfire

China has been carrying out a year-long investigation into anti-dumping,


looking at wines being sold in China at prices alleged to be lower than in
Australia.
How the Donut King went from
Following the announcement on Friday, Treasury Wine Estates (TWE), one of rags to riches - twice
the world's biggest winemakers saw its share price slump more than 13%.

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Russ and Phillipa have a vineyard on the Isle of Wight

TWE, the maker of Penfolds and Wolf Blass, has built up a powerhouse
business selling into China which analysts estimate is worth A$4bn (£2.2bn;
$3bn) alone aer six years of robust growth.

Other Australian winemakers have been singled out alongside TWE, including
Casella Wines and Australian Swan Vintage.
Should I start taking vitamin D?
China's commerce ministry didn't specify how long the measures would last
for.

'Extremely disappointed'
Australia's agriculture minister David Littleproud reacted to the
announcement via Twitter, saying the government was "extremely
disappointed".
Coronation Street scraps 60th
anniversary stunt
MEDIA RELEASE: Australian Government extremely disappointed in Chinese
decision to impose preliminary tariffs on Australian wine #auspol #ausag
#australianwine pic.twitter.com/Xk6jeC89hg
— David Littleproud (@D_LittleproudMP) November 27, 2020

The BBC is not responsible for the content of external sites.

View original tweet on Twitter

"The Australian government categorically rejects any allegation that our wine
producers are dumping product into China," he said. Nick Robinson: Let's give
politicians a chance to speak
"Australian wine is hugely popular both in China and across the globe due to human
its high quality and we are confident that a full and thorough investigation will
confirm this."

Australia's trade minister Simon Birmingham said the new tariffs make
Australian wine unviable and unmarketable in China.

"This is a very distressing time for many hundreds of Australian wine


producers, who have built, in good faith, a sound market in China," he said.

Mr Birmingham has raised the idea of taking China to the World Trade
Organisation (WTO) over the restrictions.
'It's much harder to be young than it
is old'

Growing tensions
Political relations between China and Australia have deteriorated this year to
their lowest point in decades, experts say.

The year when Australia and China hit 'lowest ebb'

Australia backed a global inquiry into the origins of the coronavirus in April,
and effectively singled out China, according top Chinese diplomat.
'Crushed' on Melbourne's path to
Since then, Australian imports have been under the spotlight while Chinese
Covid success
students and tourists were warned against travelling to Australia citing fears
of racism.

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