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The Australian wine industry has welcomed China's decision to abolish heavy tariffs on wine imposed during the COVID-19 pandemic. The tariffs, introduced at the height of diplomatic tensions in 2020, have seen exports worth $1.2 billion a year shrink to as little as $10 million. Producers and exporters are excited by the decision, but say it could take years to recover as Australian wines reenter a changed market. ....
Police launch investigation after AFL legend Eddie Betts shares footage of racist abuse, South Korea's Ambassador to Australia resigns after less than a month, and in NRL, Rabbitohs Good Friday victory takes pressure off coach Jason Demetriou. ....
(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 ....
China proposes lifting tariffs on Australian Wine, ending trade dispute livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
China-Australia relations: Beijing proposes to end wine tariffs in 'coming weeks' Canberra says, as ties strengthen scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.