China announces the removal of punitive tariffs on Australian wine, signaling a positive shift in trade relations between the two nations after years of tension. The move follows tariffs and barriers being lifted for other Australian commodities such as coal, timber, and barley. Canberra subsequently decides to drop its case against Beijing at the World Trade Organization. The tariffs were initially imposed in 2020 amid disputes over various issues, including overseas influence legislation, 5G contracts involving Huawei, and COVID-19 origin investigations.
China Ends Punitive Tariffs on Australian Wine
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