Chinese trade sanctions 'hellishly tough' for Aussie winemakers
Trade and Tourism Minister Simon Birmingham says he is working with the wine industry to overturn the “unfair” tariffs levied on Australian producers by the Chinese government as trade relations between the two countries continue to sour. Wine producers have become the latest casualty of the trade stoush between Australia and China after being hit with tariffs of up to 200 per cent, triggering fears smaller winemakers will not be able to recover. Mr Birmingham said the government is going to work with the wine industry to “overturn this decision by China and to try and ensure we get those unfair and unjustified tariffs removed". “In the interim it is going to be a hellishly tough time for Australia’s wine makers," he admitted to Sky News. Mr Birmingham said the free trade agreements Australia has in place with other nations means wine producers can enter tariff free into Korean, US and Singaporean markets which could help to relieve the burden of Chinese tariffs. He highlighted the importance of making use of these overseas opportunities because WTO processes were famous for being long and drawn out. “Australia is willing to come to the table for dialogue to try and resolve these issues". "It’s China who’s unwilling to reciprocate. “It’s China who’s decided to take these actions. “Only China can reverse these actions."
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Trade and Tourism Minister Simon Birmingham says he is working with the wine industry to overturn the “unfair” tariffs levied on Australian producers by the Chinese government as trade relations between the two countries continue to sour. Wine producers have become the latest casualty of the trade stoush between Australia and China after being hit with tariffs of up to 200 per cent, triggering fears smaller winemakers will not be able to recover. Mr Birmingham said the government is going to work with the wine industry to “overturn this decision by China and to try and ensure we get those unfair and unjustified tariffs removed". “In the interim it is going to be a hellishly tough time for Australia’s wine makers," he admitted to Sky News. Mr Birmingham said the free trade agreements Australia has in place with other nations means wine producers can enter tariff free into Korean, US and Singaporean markets which could help to relieve the burden of Chinese tariffs. He highlighted the importance of making use of these overseas opportunities because WTO processes were famous for being long and drawn out. “Australia is willing to come to the table for dialogue to try and resolve these issues". "It’s China who’s unwilling to reciprocate. “It’s China who’s decided to take these actions. “Only China can reverse these actions."
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