South Australia’s (SA) wine sector has overcome the high tariffs imposed on Australian products by China with an increase in export sales. The state’s wine exports rose five per cent in the 12 months to the end of October 2022 to $1.3 billion (US$907 million). The improvement came on the back of improved sales to…
Top Aussie Wine Brand to Be ‘Made in China’ to Bypass Steep Tariffs
May 18, 2022
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Leading Australian wine brand Penfolds will begin sourcing and producing wine in China in order to sidestep crippling tariffs imposed by Beijing. Penfolds has a 178-year history and is one of Australia’s oldest wineries—like many other local exporters, the company was hit by tariffs ranging from 107.1 to 212.1 percent as part of the Chinese…
Australia: Taking China to WTO Over Wine Tariffs Enables Negotiations
MELBOURNE—Australia’s complaint to the World Trade Organization (WTO) over China’s anti-dumping duties on wine exports should enable bilateral negotiations, Foreign Minister Marise Payne said on Sunday. The government filed a complaint on Saturday over duties that were applied last year and nearly wiped out exports of Australian wine to the Chinese market. “What lodging the…
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