Business
Rosenthal Wines loses $240,000 overnight due to brutal Chinese tariffs – NEWS.com.au
Rosenthal Wines loses $240,000 overnight due to brutal Chinese tariffs
Coby Ladwig has spent years building up his winery only to have the business brought to its knees in an instant by Chinas savage trade war.The independent winemaker, who took over Western Australia’s Rosenthal Wines in 2012, has spent seven years creating a thriving business relationship with China.
He travels to the superpower up to four times a year, and exports to China represented around 50 per cent of his total business before harsh tariffs of up to 212 per cent on Australian wine were announced…
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