JGalt
Diamond Member
- Mar 9, 2011
- 73,381
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Bad news for Australia. First China tried to poison them with their virus, now they're trying to destroy their wine industry.
"BEIJING (AP) — China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against Australia over disputes including its support for a probe into the origin of the coronavirus.
The Ministry of Commerce imposed import taxes of up to 212.1%, effective Saturday, which Australia’s trade minister said make Australian wine unsellable in China, his country’s biggest export market.
China increasingly is using its populous market as leverage to extract political concessions and increase its strategic influence."
Earlier, China stopped or reduced imports of beef, coal, barley, seafood, sugar and timber from Australia after it supported calls for a probe into the origin of the coronavirus pandemic, which began in China in December.
China slaps 200% tax on Australia wine amid tensions
"BEIJING (AP) — China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against Australia over disputes including its support for a probe into the origin of the coronavirus.
The Ministry of Commerce imposed import taxes of up to 212.1%, effective Saturday, which Australia’s trade minister said make Australian wine unsellable in China, his country’s biggest export market.
China increasingly is using its populous market as leverage to extract political concessions and increase its strategic influence."
Earlier, China stopped or reduced imports of beef, coal, barley, seafood, sugar and timber from Australia after it supported calls for a probe into the origin of the coronavirus pandemic, which began in China in December.
China slaps 200% tax on Australia wine amid tensions