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
It looks like China is willing to cut tariffs to enter into...
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Last
$7.89 |
Change
-0.115(1.44%) |
Mkt cap ! $6.398B | |||
| Open | High | Low | Value | Volume |
| $8.02 | $8.05 | $7.83 | $33.77M | 4.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 61282 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 24417 | 33 |
View Market Depth
| Last trade - 12.54pm 25/06/2025 (20 minute delay) ? |
| TWE (ASX) Chart |