Treasury Wine Estates faces duty rate of 175.6% for Australian wine exports to China

(Reuters) - Australia's Treasury Wine Estates Ltd said ‍on Monday it would face an anti-dumping and countervailing duty rate of 175.6% for its Australian country-of-origin wine in China, after an investigation by that country's Ministry of Commerce.

Reuters March 29, 2021 04:05:29 IST
Treasury Wine Estates faces duty rate of 175.6% for Australian wine exports to China

Treasury Wine Estates faces duty rate of 1756 for Australian wine exports to China

(Reuters) - Australia's Treasury Wine Estates Ltd said ‍on Monday it would face an anti-dumping and countervailing duty rate of 175.6% for its Australian country-of-origin wine in China, after an investigation by that country's Ministry of Commerce.

(Reporting by Soumyajit Saha in Bengaluru; Editing by Peter Cooney)

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