China Announces 212% Tariffs On Australian Wine Imports

On November 27, the Ministry of Commerce of China issued Announcement No. 59 of 2020, announcing the preliminary ruling on the anti-dumping investigation of related wines originating in Australia, ruling that there is dumping of related imported wines originating in Australia. Material damage, and there is a causal relationship between dumping and material damage, and decided to implement temporary anti-dumping measures on the above products in the form of deposit from November 28, 2020, and the margin ratio of each company is 107.1%-212.1%.
According to the Announcement No. 34 of 2020 issued by the Ministry of Commerce of the People’s Republic of China a few days ago, the investigation authority initially determined that there was dumping of imported wines originating in Australia, the domestic wine industry was materially damaged, and there was a causal relationship between dumping and material damage. According to the provisions of Article 28 and Article 29 of the Anti-dumping Regulations, the investigating agency decided to implement temporary anti-dumping measures in the form of security deposits.
In response to the application of the domestic wine industry, the Ministry of Commerce issued an announcement on August 18, 2020, deciding to initiate an anti-dumping investigation against imported wines originating in Australia. After filing the case, the Ministry of Commerce conducted investigations in strict accordance with relevant Chinese laws and regulations and WTO rules, and made the aforementioned preliminary ruling.
This product is listed in the “Import and Export Tariff of the People’s Republic of China”: 22042100.