Chinese importers nervous over tariffs on US

Apr 10, 2018

(Decanter) - China imposed an extra 15% tariff on US wine imports from 2 April, as part of punitive measures against more than 100 American-made products in retaliation for president Trump signing restrictions on Chinese steel shipments.

‘These tariffs put our products at a price disadvantage and we urge swift resolution of this issue before long-term disruptions are felt,’ said Robert Koch, the president and CEO of the California Wine Institute.

Tariffs on US wine imports in China have risen from 48.2% to 67.7%, the Institute said.

That’s particularly galling at a time when Australia is moving towards tariff-free access to China, set to happen in 2019, and Chile and New Zealand already have the benefits of free-trade deals there.

‘Recently, we called off a 40-foot shipping container [of wine] from Napa Valley,’ said Qiang Huang, sales director of Napa Reserve Fine Wines Ltd, a leading supplier of California wines in China.

 


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