Politicians split on extra test for dumping penalties in run-up to Chinese steel investigation

Wed, 28 Dec 2016

By Sophie Boot Dec. 29 (BusinessDesk) - Parliament's commerce select committee was split on a bill which seeks to introduce an additional test before anti-dumping penalties can be imposed, with opposition MPs opposed, in the run-up to a formal investigation into Chinese steel dumping. The Trade (Anti-dumping and countervailing duties) Amendment Bill, first announced in August 2015, suggests introducing a bounded public interest test - one which would consider the cost of duties only on downstream industries and consumers - as part of an i...

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