Air Freight News

China says current tariffs on Australian wine to last 4-9 months

China’s current tariffs on Australian wine are temporary and should end next year, according to a spokesman for the Commerce Ministry.

Temporary anti-dumping tariffs normally last four months, but this can be extended to nine months, Gao Feng said at the ministry’s regular briefing Thursday. China will continue its current investigation into dumping of Australian wine and the outcome of that would determine whether there would be further penalties, Gao said.

The investigation that China announced in August is scheduled to finish in August 2021, although that could be extended to 18 months. The ministry imposed temporary tariffs last week, a decision that the Australian government has protested.

Read More: China Targets Australian Wine, Says Ties Have Taken ‘Nosedive’

“In this case, the Ministry of Commerce filed the case and conducted the investigation in strict accordance with relevant laws, and adopted relevant measures to fully protect the legal rights of all interested parties,” Gao said. “We welcome all interested parties including Australia to continue to participate in the follow-up investigation procedures in accordance with the law.”

Gao also defended China’s decision in May to impose tariffs on Australian exports of barley.

“During the investigation, the investigating agency fully protected the rights of all parties, listened extensively to the opinions of all parties, gave all parties ample opportunities to participate in the investigation, drew investigation conclusions objectively, fairly and impartially, and adopted corresponding trade remedies,” he said.

Australia’s trade minister has indicated the government will take its complaint over the barley tariffs to the World Trade Organization.

Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Signal_14_1.png
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
https://www.ajot.com/images/uploads/article/global_softwood_markets.png
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
https://www.ajot.com/images/uploads/article/American_Trailer_Manufacturers_Coalition.png
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View Article
DOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains

Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.

View Article
https://www.ajot.com/images/uploads/article/Holly_McDade.jpeg
Merlo America welcomes new finance manager to support continued growth
View Article
https://www.ajot.com/images/uploads/article/Market_Intel.png
U.S.-China trade talks signal new agricultural commitments
View Article