China boycott to hit Australian wine harder than expected as fruit and vegetable prices rise

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 Australia may be able to divert a “limited amount” of wine to its allies in the UK and the US, but China’s tariffs will probably reduce the value of exports.


That is the conclusion of the Department of Agriculture’s Abares commodities report, released on Monday, which lists trade tensions as a dark spot in an otherwise recovering industry.


Read more: https://www.theguardian.com/business/2020/dec/07/china-boycott-to-hit-australian-wine-harder-than-expected-as-fruit-and-vegetable-prices-rise 



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