"China Prevails in WTO Dispute Against Australia on Steel Products"

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Source: The Associated Press
"China Prevails in WTO Dispute Against Australia on Steel Products"
Photo: The Associated Press
TL;DR Summary

China has won a WTO dispute with Australia over tariffs on steel products, with the WTO finding that Australia's investigating authority had acted inconsistently with some articles of the anti-dumping agreement. Australia's trade minister stated that the government accepted the ruling and would engage with China to implement the panel's findings, emphasizing its commitment to a rules-based trading system. Trade tariffs have been a contentious issue between the two countries, with China imposing sanctions on Australian goods in 2020, and while most tariffs have been lifted, some remain in place.

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