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China on Thursday said it had imposed fresh import duties on Australian wine as it accused Canberra of giving firms subsidies, in the latest salvo in a bitter standoff following last month’s swinging anti-dumping tariffs. The move comes as relations between both countries continue to sour after Australia called earlier this year for an inquiry into the origins of the COVID-19 outbreak, which first emerged in China a year ago. The anti-subsidy tariffs of 6.3-6.4 percent will take effect on Friday and come on top of November’s anti-dumping levies of 107-212 percent. China’s commerce ministry says the move followed a probe announced in late August which was based on a request from the China Wine Industry Association. ....
Duluth, MN, USA / Kat Country 98.9 | KTCO Dec 9, 2020 10:24 PM BEIJING/SYDNEY (Reuters) - China will temporarily impose anti-subsidy fees on some Australian wine imports from Dec. 11, the commerce ministry said on Thursday, ramping up pressure on the industry amid rising tensions between the two nations. Importers bringing in wines being investigated for Australian subsidy benefits will need to pay deposits to China s customs authority, according to the statement. Australia was aware of the decision, trade minister Simon Birmingham s office said, but declined to make any further comment to Reuters after China s announcement. China in August launched an investigation into Australian wine subsidy schemes following a request from the China Wine Industry Association. Last month, it began imposing anti-dumping tariffs of 107.1% to 212.1% on wine imported from Australia after a separate anti-dumping probe. ....
BEIJING/SYDNEY (Reuters): China will temporarily impose anti-subsidy fees on some Australian wine imports from Dec 11, the commerce ministry said on Thursday (Dec 10), ramping up pressure on the industry amid rising Australia-China political tensions. ....
Share on Twitter China will temporarily impose anti-subsidy fees on some Australian wine imports from 11 December, the commerce ministry said on Thursday, ramping up pressure on the industry amid rising tensions between the two nations. Importers bringing in wines being investigated for Australian subsidy benefits will need to pay deposits to China’s customs authority, according to the statement. Australia’s trade minister, Simon Birmingham, said Australia rejected claims that Australian wine was subsidised. “Australian wine is the second-highest price point in the Chinese market. And for Australia, it’s basically our highest-priced market,” Mr Birmingham told ABC Radio. READ MORE ....