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China Victorious in WTO Dispute
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Overview
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China wins a long WTO dispute over steel tariffs against Australia, costing billions. Both countries welcome WTO rulings, signaling improved bilateral relations and trade decreases.
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How might the resolution of this WTO dispute impact future trade agreements between China and Australia?
In what ways can other countries learn from the diplomatic approaches taken by China and Australia in this trade conflict?
What strategies could Australia implement to offset the economic losses incurred during the dispute?
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