ANNOUNCEMENT 01 May 2018

The Australian government stated that the country would work to prevent the transhipment or diversion of steel from third countries to the United States.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE

Minister for Trade, Tourism and Investment. The Hon Steven Ciobo MP. Media Releases. "Australia welcomes US steel exemption" of 1 May 2018. Available at: https://trademinister.gov.au/releases/Pages/2018/sc_mr_180501.aspx?w=tb1CaGpkPX%2FlS0K%2Bg9ZKEg%3D%3D

Inside Trade. "Australia averted Section 232 quotas, tariffs in exchange for weekly monitoring" of 20 August 2018. Available at: https://insidetrade.com/daily-news/sources-australia-averted-section-232-quotas-tariffs-exchange-weekly-monitoring

Inception date: 01 May 2018 | Removal date: open ended
Still in force

Export quota

On 1 May 2018, the Minister for Trade, Tourism and Investment of Australia announced in conjunction with the U.S. imposition of additional import tariffs on steel and aluminium, that the Australian Government monitors the importation and exportation of steel and that it would prevent these products from being transshipped from Australia to the United States.

The official press release together with the observations made by numerous trade observers suggests that this action is tantamount to a voluntary export restraint set by Australia, albeit one that is not formally acknowledged by either the U.S. or Australian governments. 

Please, see related state acts for information related to the topic.

AFFECTED SECTORS