China says to impose anti-dumping tariffs on Australian wine

Ever since Canberra has called for an inquiry into the origins of COVID-19, the standoff between Australia and China has worsened and in the latest salvo, taking this to a new level, China has said to impose anti-dumping measures on Australian wine.

In the latest blow, the commerce ministry of China has announced that the wine importers will be forced to pay deposits of as 107-212 per cent of the value of their goods at customs. Adding further, the Ministry said that the move comes in response to “substantive harm caused to the relevant domestic wine industry”.

In response to China’s move, Australia’s trade minister Simon Birmingham called the dumping accusation “erroneous in fact and in substance” and blasted the punitive measure as “grossly unfair, unwarranted, unjustified”.

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