China responds to Trump trade war by increasing tariffs of US wine
China responds to Trump trade war by raising tariffs on $60bn worth of US goods, including wine. This is the third time China has imposed tariffs on American wine in 14 months. The first-time, duties imposed in April 2018 saw American wine exports to China fall by 25%. The latest tariffs will see an additional 15% increase in the cost of American wine entering the Chinese market. The tariff affects over 5000 products and includes both still and sparkling wine.
Effective from the 1st June the additional 15% tariff will add on to a previous tariff of 15% and earlier 1% tariff. The total tariff for American wines in China is now 91% and is the highest of any wine country. The tariff compares with Australia which has a zero tariff on wine.
