Australian Prime Minister Anthony Albanez has threatened to launch the Australian Free Trade Agreement (AUFTA) dispute. He quotes ABC TV.
The Prime Minister of Australia stressed that the citizens of the country have all the rights to watch the actions of the US President Donald Trump's administration as a free and fair trade relations.
"Our free trade agreement with the United States contains disputes mechanisms, but we want to resolve this issue without using them," Albane said.
The TV channel notes that even before the new commercial restrictions, the Australian government discussed the possibility of filing a lawsuit against the United States in the World Trade Organization. They wanted Washington to blaming the trade agreement.
The United States is one of the key markets in the Australian export, where the total Australian exports last year was more than $ 14 billion.
Yesterday, Trump introduced a new system of import customs duties. The base rate for all imported products will be 10%, and it will be significantly higher for individual countries, 34% for China, 46% for Vietnam and 20% of the European Union.
No tribute to the Russian Federation has been set. According to economists surveyed by Gazeta.ru, the new commercial duties will lead to a sharp decline in the slowdown in global economic growth and the sharp decline in oil prices, which will affect Russia.
Translation of: Euromedia24.com
