Title Letters: Australia not above reproach on trade Degree of recognition International Media name/outlet Australian Financial Review - Green Steel Media type Web Country Australia Date 20/05/20 Description Anti-dumping regime lacks transparency
Your report about Indonesia’s successful World Trade Organisation action against Australia’s anti-dumping duties on copy paper (‘‘Indonesia’s win against Australia’s tariff regime may embolden others’’, May 18), juxtaposed with China’s action against our barley exporters, prompted me to have another look at Australia’s current anti-dumping regime.
What I found is a system lacking in transparency (for example, try finding the duty margins!) or real independence (it resides within the Department of Industry) in which the devil lies in arcane administrative detail. Unsurprisingly, since the current regime has been in force, annual actions have trebled, making us one of the world’s biggest exploiters of this WTO ‘‘safeguard’’.
Australia’s steel and aluminium industries have been the main beneficiaries, accounting for two-thirds of 81 measures now in force. The countries copping most of the penalties comprise six of our Asian trading partners, with China alone accounting for one-third of measures. Actions have often been taken on the same products against multiple countries, which would seem to indicate more about our competitiveness than foreigners’ fairness.
Producer/Author Professor Tom Smith URL https://www.afr.com/politics/federal/letters-australia-not-above-reproach-on-trade-20200519-p54ug8 Persons Tom Smith