The United States has slapped a 25 per cent tariff on Australian manufactured steel entering the United States. The US Government claims they are simply implementing their rights according to certain sections of the US Trade Act of 1974. This move to potentially impact on Australian jobs as steel manufacturing is one of the country’s biggest employer and the US is Australia’s second biggest market next to China. As a prominent international legal expert, you have been appointed by the Australian Government to provide legal advice on this matter. Required: What would your legal advicecover and why? Note - Students should discuss their response in relation to the
The United States has slapped a 25 per cent tariff on Australian manufactured steel entering the United States. The US Government claims they are simply implementing their rights according to certain sections of the US Trade Act of 1974. This move to potentially impact on Australian jobs as steel manufacturing is one of the country’s biggest employer and the US is Australia’s second biggest market next to China. As a prominent international legal expert, you have been appointed by the Australian Government to provide legal advice on this matter.
Required:
- What would your legal advicecover and why?
Note - Students should discuss their response in relation to the General Agreements on Tariff and Trade (GATT) and World Trade Organisation (WTO) rules on legal disputes of international trade of goods.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
