China puts tariffs of up to 200 per cent on Australian wine
The Chinese Government has announced it will place tariff on all Australian wine imports from November 28 (Saturday). The new tariffs range from 107 to 200 per cent. The investigation is not due to finish until next year, but China’s Commerce Ministry announced that importers of Australian wine entering China will need to pau temporary “anti-dumping security deposits”.
Shadow Trade Minister Madeleine King said she was “deeply concerned“ about the tariffs. “It is a relationship that must be managed in the national interest and not for partisan political interests.
The action follows months of trade uncertainty and souring relations between Australia and China.
Source: ABC News #Nov27
https://www.abc.net.au/news/2020-11-27/china-puts-tariffs-on-australian-wine-trade-tensions/12886700
#Australia #China #Wine #Antidumping #Trade #Tax
The Chinese Government has announced it will place tariff on all Australian wine imports from November 28 (Saturday). The new tariffs range from 107 to 200 per cent. The investigation is not due to finish until next year, but China’s Commerce Ministry announced that importers of Australian wine entering China will need to pau temporary “anti-dumping security deposits”.
Shadow Trade Minister Madeleine King said she was “deeply concerned“ about the tariffs. “It is a relationship that must be managed in the national interest and not for partisan political interests.
The action follows months of trade uncertainty and souring relations between Australia and China.
Source: ABC News #Nov27
https://www.abc.net.au/news/2020-11-27/china-puts-tariffs-on-australian-wine-trade-tensions/12886700
#Australia #China #Wine #Antidumping #Trade #Tax
The HK government spent almost 596 million on different construction projects while they reduce medical expenses by 250 million.
#economics #tax #MedicalExpenses #GoHKgraphics
#economics #tax #MedicalExpenses #GoHKgraphics