Unprecedented trade war between China and Australia. Chinese have imposed additional taxes of over 200 percent – News from sources



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China on Friday stepped up pressure on Australia by imposing anti-dumping measures on imported Australian wines, the latest sign of escalating diplomatic tensions between the two trading partners, AFP reports.

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In a statement, the Chinese Commerce Department said a preliminary investigation showed that the Chinese wine industry had suffered “serious injury” from the dumping of Australian wine. As of Saturday, Australian wine imports will be subject to additional duties between 107.1 and 212.1 percent, the statement said.

Australian Prime Minister Scott Morrison denounced China’s growing pressure on his country on Monday, saying it is causing “an unnecessary deterioration in relations” between Beijing and Canberra.

In an online speech to a British think tank, Morrison stressed Australia’s desire to have “mutually beneficial” relations with Beijing and the United States, pursuing their own interests regardless of the two countries. .

Australia said Friday it was “extremely disappointed” by China’s decision to impose additional taxes on Australian wine, an escalation of diplomatic tensions between the two countries, Reuters and AFP reported.

“Today’s decision is a serious development issue and Australia will fight vigorously,” said Australian Agriculture Minister David Littleproud, who intends to refer the matter to the World Trade Organization (WTO).

“The Australian government categorically rejects any claims that our wine producers are harming China and we continue to believe that there is no basis or evidence for these claims,” ​​he said.

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