China removes tariffs on Australian wine, leading to A$86m ($57m) in exports within a month.
Following China's removal of tariffs on Australian wine, exports soared, with A$86m ($57m) worth of wine shipped to China in the month after the tariff drop. The wine trade with China is expected to fully recover as sales increase, with most shipments coming from South Australia. Australia's wine industry, once its largest export market in 2019, is hoping for a revival following the tariff removal.
June 12, 2024
11 Articles