Australia Loses Trade Dispute With CCP Over Steel Products

Published on March 27, 2024

Australia has lost a trade dispute with Beijing over steel products following a ruling by the World Trade Organisation (WTO). The Chinese Communist Party (CCP) filed a complaint to the WTO in June 2021, asserting that Australia’s anti-dumping measures on its cheap wind towers, deep-drawn stainless steel sinks, and railway wheels were unfair. This complaint was launched after the CCP imposed trade restrictions on $20 billion (US$13 billion) of Australian export commodities during a diplomatic fallout between the two countries. Despite the dispute, Australia continued to trade with China and imported $62 million worth of those steel products in 2022. On March 27, a WTO panel ruled that the additional duties imposed by the Australian government on the steel products were flawed....

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