China has declared its decision to lift anti-dumping and anti-subsidy tariffs on Australian wine starting from March 29, as per an announcement by the country’s commerce ministry on Thursday. Initially imposed in March 2021 for a duration of five years, these tariffs, reaching up to 218.4%, are now being rescinded. The ministry stated, “Given the changing landscape of China’s wine market, the imposition of anti-dumping and anti-subsidy tariffs on Australian wine imports is deemed unnecessary.”
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