ABC media reports that China will remove tariffs on Australian wine at the end of March
ABC media reports that China will remove tariffs on Australian wine at the end of March which was imposed in the Trump era. While this seems to be a sign that the Australia-Chinese relationship improves, it could also be read as a signal to Australia as Trump has his eyes on presidency again.
With the Chinese equity market performing, AUD/USD is erased earlier losses and is trading 0.09% higher at 0.6546.