China lifts penalties on Australian wine after more than three devastating years
Headline from ABC 17 Mid-Missouri
By Simone McCarthy, Angus Watson and Hilary Whiteman, CNN Hong Kong/Sydney (CNN) — China has announced it is lifting punishing tariffs on Australian wines more than three years after imposing penalties that devastated the industry and were a major point of friction between the trading partners.
ABC 17 Mid-Missouri's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By Simone McCarthy, Angus Watson and Hilary Whiteman, CNN Hong Kong/Sydney (CNN) — China has announced it is lifting punishing tariffs on Australian wines more than three years after imposing penalties that devastated the industry and were a major point of friction between the trading partners.
China is lifting import tariffs imposed on Australia's more than $650 million trade in bottled wine after almost four years during which it was effectively priced out of the Chinese market, Canberra said Thursday.
China enforced heavy tariffs on Australian wine in 2020 due to political grievances, among them Australia's backing of a global inquiry into the origins of COVID-19.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
China lifts penalties on Australian wine after more than three devastating years | Since Then