Market diversification has WA wine producers well placed to emerge unscathed from the China trade crisis.
The chief of Australia's biggest winemaker has criticised China's 169.3 per cent tariff on its products and has announced plans to cut costs and pivot towards other markets.
The Prime Minister has warned that age of economic certainty enjoyed before the coronavirus pandemic may be over.
Penfolds maker Treasury Wine Estates faces turmoil in its largest export market after Chinese regulators announced a sudden 169.3 per cent tariff on its exports
Beijing is trying to generate political pressure on the Morrison government through strategic trade sanctions,but so far it's not working.
Australia's oldest family-owned meat processor has been hit with a trade suspension by China,days after the Morrison government rejected a Chinese bid for Lion Dairy.
The federal government could end up in a showdown with Beijing at the World Trade Organisation after the Chinese Ministry of Commerce launched an anti-dumping investigation into Australian wine.
WA winemakers already under financial pressure from COVID-19 restrictions could be hit with new tariffs from China's Ministry of Commerce in as little as two months.
Labor frontbencher Joel Fitzgibbon has accused Scott Morrison of hurting Australian wine producers by offending Beijing.
Beef,barley and betting were just the beginning as Australia's trade tensions with China spill into wine.
The French region has five main red varieties and most wines are blends of all or some of them.