It looks like China is willing to cut tariffs to enter into regional trade deals. By definition, this should include cutting tariffs on wine, which were - let's face it - a retaliation.
If tariffs are cut on Australian wine, TWE should trade at $14-15 in the near term.
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‘China is ready’ to make RCEP trade deal tariff cuts
Commerce Ministry says the country is prepared to meet its obligations when the pact comes into effect on January 1It
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Last
$7.93 |
Change
-0.120(1.49%) |
Mkt cap ! $6.434B | |||
| Open | High | Low | Value | Volume |
| $7.98 | $7.99 | $7.91 | $58.64M | 7.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6207 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.94 | 40688 | 4 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |