China launched anti - dumping , anti - subsidy measures into European wine exports . While a quick tariff war might encourage Chinese consumers to drink their imported wine stocks -- and replenish their supplies -- a longer tariff war would have a more ambiguous impact , with potential winners and losers both in China and around the world . Probe seen as retaliation for EU tariffs on China - made solar panels one day earlier . France is China 's top wine exporter , Australia distant second . EU tariffs on Chinese solar are set to increase in August if no deal achieved .
China launched anti - dumping , anti - subsidy measures into European wine exports . Probe seen as retaliation for EU tariffs on China - made solar panels one day earlier . France is China 's top wine exporter , Australia distant second . EU tariffs on Chinese solar are set to increase in August if no deal achieved .