Australian wine industry toasts expected end to China tariffs

Sydney (AFP) Mar 13, 2024

Australia's wine industry Wednesday toasted news that China could lift punitive tariffs within weeks, raising hopes it will soak up some of the country's red wine glut. Melbourne-based Treasury Wine Estates said it had been advised by Chinese and Australian authorities of Beijing's "interim draft determination" to remove the tariffs following a five-month review. A final decision by Chin