China Proposes End to Punitive Wine Tariffs, Australia Says [Yahoo! Finance]
TREASURY WINE EST S/ADR (TSRYY)
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Source: Yahoo! Finance
Stock Traders Bracing for Worst Shrug Off Hot CPI: Markets Wrap One of the Most Infamous Trades on Wall Street Is Roaring Back China Has Never Canceled This Many Shipments of US Wheat US Core Inflation Tops Forecasts Again, Reinforcing Fed Caution Ex-Wall Street Banker Takes On AOC in New York Democratic Primary Australian vinters and lawmakers said China proposed lifting punitive tariffs on the nation's wine, signaling the end is near to a three-year trade dispute as both countries seek to strengthen ties. Treasury Wine Estates Ltd. referenced China's plan in an exchange filing on Tuesday, adding that the final decision will be made in the “coming weeks.” The Ministry of Commerce in Beijing did not respond to a question about when they would release the report. “The interim recommendation to remove tariffs on Australian wine is a welcome development,” Australia's Trade Minister Don Farrell said in a statement on Tuesday. “It vindicates the government's preferred approa
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News
- Painful week for individual investors invested in Treasury Wine Estates Limited (ASX:TWE) after 7.3% drop, institutions also suffered losses [Yahoo! Finance]Yahoo! Finance
- These Are the Stocks to Watch as Australia Resets Relations With China [BNN Bloomberg (Canada)]BNN Bloomberg
- China's crowded wine market offers no lifeline for struggling global industry [Yahoo! Finance]Yahoo! Finance
- China's crowded wine market offers no lifeline for struggling global industry [Reuters]Reuters
- China lifts tariffs on Australian wine, ends three-year freeze in trade [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The