China has won a almost three-year-long conflict with Australia at the World Trade Organization over tariffs on steel items that started throughout a low point of bilateral relations inbetween the nations
SYDNEY — China has won a almost three-year-long conflict with Australia at the World Trade Organization over tariffs on steel items that started throughout a low point of bilateral relations inbetween the nations, and Australia’s trade minister stated Wednesday his federalgovernment accepted the judgment.
Beijing took its grievance to the WTO in June 2021 over Australia’s additional tasks on train wheels, wind towers and stainless steel sinks imported from China. Trade in these items was worth 62 million Australian dollars ($40.4 million) in 2022.
On Tuesday, the WTO panel adjudicating the case in Geneva, Switzerland, discovered that Australia’s examining authority, the Anti-Dumping Commission, had acted inconsistently with some shortarticles of the anti-dumping arrangement.
Australia’s Trade Minister Don Farre