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International Business Times
International Business Times
Business
Laura CHUNG

Australian Wine Industry Toasts Expected End To China Tariffs

China imposed tariffs on key Australian exports -- such as wine -- in 2020 (Credit: AFP)

The Australian wine industry welcomed news on Wednesday that China could begin lifting punitive tariffs within weeks, raising hopes that the country's red wine glut will soon ease.

China imposed tariffs on key Australian exports such as wine, barley and beef in 2020, after Canberra legislated against overseas influence, barred Huawei from 5G contracts and called for a probe into the origins of the Covid-19 pandemic.

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