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China hit Australian barley, beef and now wine
China launched an investigation into allegations that Australia dumped wine, or sold it below the cost of production.
The Australian Government, winemakers and farmers denied any wrongdoing, that the allegations are perplexing as the wine-making process is expensive.
The China market takes up more than one-third of Australia's wine exports by value.
In May, China announced huge tariffs on Australian-grown barley typically used to make beer, and suspended exports from four Australian abattoirs selling beef to China for not meeting labelling requirements.
Australian politicians said that the incidents are not linked to broader political tensions. Yet, Chinese officials said earlier this year that they could boycott Australian exports because of Canberra's push for an independent inquiry into the coronavirus outbreak.
Source: ABC #Aug19
#Wineexports #tariffs #tradewar #Food
https://www.abc.net.au/news/2020-08-19/china-eyes-australian-wine-export-in-latest-trade-move/12571672
China launched an investigation into allegations that Australia dumped wine, or sold it below the cost of production.
The Australian Government, winemakers and farmers denied any wrongdoing, that the allegations are perplexing as the wine-making process is expensive.
The China market takes up more than one-third of Australia's wine exports by value.
In May, China announced huge tariffs on Australian-grown barley typically used to make beer, and suspended exports from four Australian abattoirs selling beef to China for not meeting labelling requirements.
Australian politicians said that the incidents are not linked to broader political tensions. Yet, Chinese officials said earlier this year that they could boycott Australian exports because of Canberra's push for an independent inquiry into the coronavirus outbreak.
Source: ABC #Aug19
#Wineexports #tariffs #tradewar #Food
https://www.abc.net.au/news/2020-08-19/china-eyes-australian-wine-export-in-latest-trade-move/12571672
www.abc.net.au
Poisoned chalice: Why China's scrutiny of Australian wine is bad news
While the Australian Government and winemakers deny any wrongdoing in a spat with China over wine prices, there could be more to the latest bump in the rocky relationship with our largest trading partner.
Forwarded from China in Focus - NTD
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New data shows that the US is importing a lot fewer goods from #China as a result of #tariffs, compared to data from before the pandemic.
And the types of goods the US is buying from China have also changed significantly.
🔥Watch the full episode👉https://youtu.be/dOh0jikQspU
And the types of goods the US is buying from China have also changed significantly.
🔥Watch the full episode👉https://youtu.be/dOh0jikQspU
Forwarded from China in Focus - NTD
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#China will likely face new #Tariffs. At least 32 countries may have ended their trade preference program with China, according to what the Chinese Customs Agency General Administration of Customs said last week.
🔶 Watch the full episode👉https://youtu.be/6OUYYKEGe6U
🔶 Watch the full episode👉https://youtu.be/6OUYYKEGe6U
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China's commerce ministry said Tuesday it will keep #Tariffs on imports of U.S. #DistillersGrains while it conducts an investigation.
🔶Watch the full episode👉https://youtu.be/5nb-z5eh64U
🔶Watch the full episode👉https://youtu.be/5nb-z5eh64U
Forwarded from China in Focus - NTD
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Companies are dodging billions of dollars in #Tariffs by using a rule intended for tourists and their souvenirs.
⭕️ Watch the full episode 👉https://ept.ms/COVIDDeath
⭕️ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
⭕️ Watch the full episode 👉https://ept.ms/COVIDDeath
⭕️ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
Forwarded from China in Focus - NTD
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Will cutting #Tariffs on #China help ease U.S. #Inflation? The Biden administration is proposing the idea to Americans, but many say they're not on board.
⭕️ Watch the full episode 👉https://ept.ms/GarbageTruck
⭕️ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
⭕️ Watch the full episode 👉https://ept.ms/GarbageTruck
⭕️ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
Forwarded from China in Focus - NTD
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China is making more waves in the #SouthChinaSea—this time involving an Australian military surveillance plane.
President Joe Biden is weighing whether to cut #Tariffs on China as a way to fight U.S. #Inflation. Will it work? We hear from experts on what might happen.
⭕ Watch the full episode 👉 https://ept.ms/AircraftBattle
🔶 Special Offer👉https://ept.ms/FatherDSale-Tiffany_
President Joe Biden is weighing whether to cut #Tariffs on China as a way to fight U.S. #Inflation. Will it work? We hear from experts on what might happen.
⭕ Watch the full episode 👉 https://ept.ms/AircraftBattle
🔶 Special Offer👉https://ept.ms/FatherDSale-Tiffany_
Forwarded from China in Focus - NTD
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A group called “Shut Down #Shein” launched in the United States, accusing the Chinese fashion retailer of running from U.S. #Tariffs. Furthermore, the group also accused the company of having close ties with #TikTok.
https://ept.ms/TaiWanIsNotAlone
https://ept.ms/TaiWanIsNotAlone
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President Biden recently vetoed a bill, resulting in the pausing of #Tariffs on #SolarPanels from four Southeast Asian nations: Vietnam, Malaysia, Thailand, and Cambodia. There is concern that #China could make this work to its advantage.
https://ept.ms/NoFundingWuHanLab_CIF
https://ept.ms/NoFundingWuHanLab_CIF