Chinese tariffs on Aussie wine will make exports "unviable": Canberra

Tariffs of up to 212 percent on Australian wine imported into China will render the Chinese wine market “unmarketable” and “unviable” for Australian producers, Australia’s trade minister said Friday.Beijing announced earlier in the day it will place tariffs of between 107-212 percent on all Australian wine from Saturday, following preliminary findings of an anti-dumping investigation into Australian wine exports, valued at A$1.1 billion (US$811 million).Trade minister Simon Birmingham flatly denied the allegations, saying Australian wine is some of the highest priced wine on the Chinese market…

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