Dollar edges down after inflation data, ahead of FOMC By Reuters

© Reuters. SUBMIT IMAGE: Bottles of Australian red wine are seen at a shop marketing imported red wine in Beijing, China November 27, 2020. REUTERS/Florence Lo

MELBOURNE (Reuters) – The Australian federal government claimed on Saturday it was lodging a protest with the World Trade Organization over China’s charge of anti-dumping tasks on Australian red wine exports.

“The government will continue to vigorously defend the interests of Australian wine makers using the established system in the WTO to resolve our differences,” Dan Tehan, preacher for profession, tourist as well as financial investment, claimed in a news release.

“Australia remains open to engaging directly with China to resolve this issue.”

Australia’s polite connections with China, its biggest trading companion, have actually gotten worse given that Canberra asked for a global query right into the beginnings of the coronavirus, triggering profession from Beijing.

Australian wine makers delivered simply A$12 million ($9 million) of white wines to China in the 4 months from December to March, from A$325 million a year previously, sector numbers revealed, validating that large brand-new tolls have just about erased their largest export market.

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