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China on Thursday announced the lifting of punitive tariffs on Australian wine, in a sign that the precarious bilateral relationship could be improving despite setbacks.- Wine tariffs lifted - China's commerce ministry said on Thursday it was lifting punitive tariffs on imports of Australian wine, a move that Canberra's top politicians said would "benefit both Australian producers and Chinese consumers".
(Bloomberg) -- Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackChina Has Never Canceled This Many Shipments of US WheatEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionAustralian vinters and lawmakers said China proposed lifting punitive tariffs on the nation’s wine, signaling the end is near to a three-year trade disp
Australian vinters and lawmakers said China proposed lifting punitive tariffs on the nation’s wine, signaling the end is near to a three-year trade dispute as both countries seek to strengthen ties.
German Chancellor Olaf Scholz told business weekly Wirtschaftswoche that he was not convinced about the need to impose tariffs on Chinese electric vehicles (EV). The European Commission is investigating whether it should impose punitive tariffs to protect European Union automakers from cheaper Chinese EV imports it says are benefiting from state subsidies. "I am not very convinced of this, to put it politely," Scholz told Wirtschaftswoche in an interview published on Thursday.
(Bloomberg) -- Australia expects to hear news within days on China’s four-month review of its punitive tariffs on Australian barley exports, Trade Minister Don Farrell said, in what would be the latest sign of improving ties between Canberra and Beijing.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireMissing Goldman Sachs Analyst Confirmed