Higher tariffs on Chinese steel could raise construction costs

Original article by Michael Read
The Australian Financial Review – Page: 4 : 22-Apr-26

Economist Huw McKay says the federal government’s decision to increase the tariffs on Chinese steel products is "potentially counterproductive". McKay warns that this will increase construction costs, which will in turn add to inflation and the housing supply crisis. The government recently increased the tariff on Chinese-made steel reinforcing bar from 19 per cent to 24 per cent, in response to a recommendation from the Anti-Dumping Commission. The government has previously increased the tariffs on a range of other Chinese steel products, including bolts, hot-rolled coil and ceiling frames.

CORPORATES
AUSTRALIA. ANTI-DUMPING COMMISSION

Birmingham: Tit-for-tat tariffs not on

Original article by Phillip Coorey, John Kehoe
The Australian Financial Review – Page: 6 : 14-May-20

Trade Minister Simon Birmingham says China should appeal to the World Trade Organization if it is still unhappy about Australia’s decision in 2014 to impose a tariff on Chinese steel imports. He contends that China should not seek to resolve an anti-dumping dispute by imposing its own tariff on Australian barley, describing such actions as unjustified. Birmingham adds that there is no evidence to support China’s claim that Australian barley is being subsidised.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, WORLD TRADE ORGANIZATION