I understand the tariffs on aussie wine is for 4months?Then theres the possibility could take China to the WTO who earler had declared US tarriffs on Chinese goods illegal.
Oh yes, that's a possibility. And is a possibility Aussie, like US could win. It well be a long drawn out case. Can Aussies wine last this long? Problems with argricutal produce is no producers is going to produce ehen yhe future is uncertain. In tge short run, tge wine producers is going to gave gard time. And in the long run? like Keynes said, "in the long run we will all be dead"
On the other hand, they could loose. Or if China looses, can anyone make China complied? Heck the US looses many cases as well. Have they complied when they lost?