Australia ‘carefully and closely’ watching US-China phase one purchases for signs of trade diversion

Canberra is looking “carefully and closely” at US-China trade flows, with the inference that the phase one trade deal is causing “managed trade” that may breach World Trade Organisation protocols and damage Australia’s exports.Trade minister Simon Birmingham told the South China Morning Post in a statement on Monday that while “the full nature or implications of this arrangement may not be clear for some time”, Australia is on the lookout for trade diversion that could hit its own exports to…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3087074/australia-carefully-and-closely-watching-us-china-phase-one