{"id":3031,"date":"2021-07-08T15:23:03","date_gmt":"2021-07-08T05:23:03","guid":{"rendered":"https:\/\/insight.thomsonreuters.com.au\/business\/?p=3031"},"modified":"2023-05-15T14:20:34","modified_gmt":"2023-05-15T04:20:34","slug":"why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","status":"publish","type":"post","link":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","title":{"rendered":"Why trade penalties and economic coercion aren\u2019t working"},"content":{"rendered":"\n

Trade tensions have flared up again after a Chinese Foreign Ministry Spokesperson took aim at Australia’s business dealings with China.  <\/h4>\n\n\n\n

\u201cWe will not allow any country to reap benefits from doing business with China while groundlessly accusing and smearing China and undermining China’s core interests based on ideology,\u201d said Zhao Lijia at a press conference<\/a> on Tuesday.  <\/p>\n\n\n\n

Zhao referenced Australia’s allegiance with the US, remarking that \u201c…when a certain country acts as a cat’s paw for others, it is the people that pay for misguided government policies.”<\/p>\n\n\n\n

After the Foreign Ministry Spokesperson’s comments, Treasurer Josh Frydenberg defended Australia\u2019s approach to trading with China. \u201cWe are living with a different China than what we have seen in years prior,\u201d he told reporters<\/a>.<\/p>\n\n\n\n

These revelations come off the back of Australian Prime Minister recently calling for the World Trade Organization (WTO) to strengthen its dispute settling power. Tensions came to a head on 23 June, when China filed a complaint with the WTO accusing Australia of anti-dumping and countervailing measures on imports such as stainless-steel sinks. This followed Australia asking the WTO to challenge Chinese anti-dumping tariffs on our wines four days earlier.<\/p>\n\n\n\n

The \u2018tit for tat\u2019 is the latest in a long line of instances where the countries have taken each other to the WTO. I argue that the Australian Prime Minister and Treasurer will have to try a new approach if they are to change course in the country\u2019s relationship with China.<\/p>\n\n\n\n

History of fragile relations<\/h2>\n\n\n\n

In May this year, China\u2019s National Development and Reform Commission indefinitely suspended bilateral trade talks<\/a> with Australia, blaming Australia for its \u201cCold War mindset\u201d. Two months earlier, Australia formally requested the WTO establish a dispute panel to resolve their claim that China, their largest trading partner, breached trading rules by imposing additional tariffs on Australian barley in May 2020.<\/p>\n\n\n\n

This action by China, in turn, followed a push by the Foreign Minister Marise Payne a month earlier for an international probe into COVID-19. The review, aimed at identifying the \u201cgenesis of the virus<\/a>\u201d, exacerbated a rift with China that stems from Australia\u2019s ban of Huawei\u2019s 5G network equipment in August 2018.<\/p>\n\n\n\n

Despite the conflict between these two WTO member nations, the irony lies in their prior willingness to formalise dispute settlements.<\/p>\n\n\n\n

Standing treaty only protecting customs tariffs<\/h2>\n\n\n\n

Through the China\u2013Australia Free Trade Agreement (ChAFTA) that came into force in December 2015, both signatories committed to an Investor-State Dispute Settlement (ISDS) mechanism. This is designed to provide exporters the opportunity to be heard by arbitrators if a country fails to deliver on its investment obligations.<\/p>\n\n\n\n

ISDS provisions are not limited to ChAFTA and are included in nine other FTAs with Australia. However, the recently signed Regional Comprehensive Economic Partnership (RCEP) is not one of them. Comprising of 15 members, the Association of Southeast Asian Nations (ASEAN) and their six FTA partners, Australia, China, India, Japan, New Zealand and South Korea, the agreement does not include an\u202fISDS\u202fat this stage but provides a process for parties to incorporate it down the track.<\/p>\n\n\n\n

Although ChAFTA is a currently-binding treaty that covers agricultural produce such as beef, barley, seafood and wine \u2013 the subject of China\u2019s current claims \u2013 the ISDS does not apply to anti-dumping tariffs that can range for example, from 116.2% to 218.4% on imported Australian wine. Until China\u2019s action in June to impose anti-dumping measures, Australian wine enjoyed a 0% tariff.<\/p>\n\n\n\n

Of course, if Australia played its hand right, ChAFTA would have significant future benefits for Australian exports such as the elimination of beef tariffs of 12 to 25% by 1 January 2024.<\/p>\n\n\n\n

Morrison\u2019s international \u201ccall to action\u201d<\/h2>\n\n\n\n

This is not what we\u2019re seeing. In the case of Australia, it\u2019s what’s happening outside the agreement that is impinging on progress between the duo. Even though everything’s potentially eligible for preferable treatment under ChAFTA, from a tariff perspective, affected producers and the Australian economy are suffering significant damage from China\u2019s penalties right now and the foreseeable future \u2013 with 167% anti-dumping duties being imposed on exporters for the next five years \u2013 notwithstanding the free trade agreement.<\/p>\n\n\n\n

The only vehicle empowered to prosecute trade breaches is the WTO, but this tiger has shown itself over many years to be toothless, without power to enforce its remedies.<\/p>\n\n\n\n

In response to this vacuum and Australia\u2019s own unresolved conflict with its trade adversary, the Prime Minister Scott Morrison recently called for the WTO to take a tougher stance on dispute resolution.<\/p>\n\n\n\n

Ahead of the G7 summit in Cornwall Morrison told the Perth USAsia Centre on 9 June that restoring the WTO\u2019s binding dispute settlement system was the most practical way to address China\u2019s trade pressure. He appealed to G7 countries who, unlike Australia, have official contact with China to support his proposal.<\/p>\n\n\n\n

The Prime Minister invoked a more strident WTO to set clear rules and arbitrate disputes objectively to ensure there are consequences for \u201ccoercive behaviour\u201d, in Australia\u2019s case, China.<\/p>\n\n\n\n

His appeal fell on deaf ears by WTO member nations. Perhaps their own questionable history with the WTO precluded their open support?<\/p>\n\n\n\n

Although no explicit support for Australia\u2019s motion was forthcoming in the final G7 Summit Communiqu\u00e9<\/a>, the member group did pledge to advance \u201cthe proper functioning of the WTO\u2019s negotiating function and dispute settlement system, requiring addressing long-standing issues\u201d.<\/p>\n\n\n\n

Diplomacy is the answer<\/h2>\n\n\n\n

The problem with even a successful WTO ruling is there’s nothing to make a country pay the fine or make it change its behaviour. It doesn’t matter who is right, if you can’t enforce it. No matter how hard Morrison pushes, the net outcome is still punitive tariffs on Australian exports.<\/p>\n\n\n\n

By pointing the finger at China and its anti-dumping penalties, he\u2019s clearly missing the mark. The \u201ceconomic coercion\u201d that Morrison wants to stop needs to be solved diplomatically. This is not about trade.<\/p>\n\n\n\n

The intrinsic value of the anti-dumping measures is to combat countries\u2019 attempts to flood your market with their low-cost goods. However, they have been used as an avenue to punish their neighbours for unruly behaviour and exert political grunt.<\/p>\n\n\n\n

Now more than ever there needs to be a new solution to the increasing abuse of anti-dumping measures whose original purpose was to ensure fair trade. Given the proliferation of free trade agreements exists due to the limitations of the WTO to reach agreement, perhaps bolstering our bilateral and regional integration agreements to deal head on with anti-dumping and competition disputes is an option to effectively regulate dispute resolution.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Australian Prime Minister and Treasurer will have to try a new approach if they are to change course in the country\u2019s relationship with China. <\/p>\n","protected":false},"author":238,"featured_media":3034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[681,694],"tags":[1141,1140,1143,1142,1145,893],"insight_job_role":[714,804,1138,715,1139,1137,870],"insight_practice_area":[],"class_list":["entry","author-zoem","has-excerpt","post-3031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-global-trade-supply-chains","category-global-trade-strategy","tag-anti-dumping-tariffs","tag-trade-penalities","tag-trade-relations","tag-trade-tensions","tag-world-trade-organization","tag-wto","insight_job_role-chief-operations-officer","insight_job_role-chief-risk-officer","insight_job_role-chief-supply-chain-officer","insight_job_role-compliance-risk-manager","insight_job_role-logistics-director","insight_job_role-supply-chain-manager","insight_job_role-trade-manager","hentry"],"acf":[],"yoast_head":"\nWhy trade penalties and economic coercion aren\u2019t working<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why trade penalties and economic coercion aren\u2019t working\" \/>\n<meta property=\"og:description\" content=\"The Australian Prime Minister and Treasurer will have to try a new approach if they are to change course in the country\u2019s relationship with China.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\" \/>\n<meta property=\"og:site_name\" content=\"TR - Business Insight Australia\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-08T05:23:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-15T04:20:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1151\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zoe Martinez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoe Martinez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\"},\"author\":{\"name\":\"Zoe Martinez\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/#\\\/schema\\\/person\\\/591548b122362c0e9157efaf49c5e5a3\"},\"headline\":\"Why trade penalties and economic coercion aren\u2019t working\",\"datePublished\":\"2021-07-08T05:23:03+00:00\",\"dateModified\":\"2023-05-15T04:20:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\"},\"wordCount\":1105,\"image\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/wp-content\\\/blogs.dir\\\/4\\\/files\\\/sites\\\/18\\\/2021\\\/07\\\/GettyImages-1267243192-scaled.jpg\",\"keywords\":[\"anti-dumping tariffs\",\"trade penalities\",\"trade relations\",\"trade tensions\",\"world trade organization\",\"WTO\"],\"articleSection\":[\"Global Trade & Supply Chains\",\"Global Trade Strategy\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\",\"url\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\",\"name\":\"Why trade penalties and economic coercion aren\u2019t working\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/wp-content\\\/blogs.dir\\\/4\\\/files\\\/sites\\\/18\\\/2021\\\/07\\\/GettyImages-1267243192-scaled.jpg\",\"datePublished\":\"2021-07-08T05:23:03+00:00\",\"dateModified\":\"2023-05-15T04:20:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/#\\\/schema\\\/person\\\/591548b122362c0e9157efaf49c5e5a3\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage\",\"url\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/wp-content\\\/blogs.dir\\\/4\\\/files\\\/sites\\\/18\\\/2021\\\/07\\\/GettyImages-1267243192-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/wp-content\\\/blogs.dir\\\/4\\\/files\\\/sites\\\/18\\\/2021\\\/07\\\/GettyImages-1267243192-scaled.jpg\",\"width\":2560,\"height\":1151,\"caption\":\"Why trade penalties and economic coercion aren\u2019t working between Australia and China\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/posts\\\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why trade penalties and economic coercion aren\u2019t working\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/#website\",\"url\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/\",\"name\":\"TR - Business Insight Australia\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/#\\\/schema\\\/person\\\/591548b122362c0e9157efaf49c5e5a3\",\"name\":\"Zoe Martinez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g\",\"caption\":\"Zoe Martinez\"},\"description\":\"Zoe Martinez, as the Global Trade Portfolio Lead at Thomson Reuters ONESOURCE, drives technology adoption for global trade compliance, cost reduction, and supply chain efficiency. Her focus is on enhancing customer engagement and expanding the ONESOURCE Global Trade business in Asia and the Emerging Markets.\",\"url\":\"https:\\\/\\\/insight.thomsonreuters.com.au\\\/business\\\/contributors\\\/zoem\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why trade penalties and economic coercion aren\u2019t working","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","og_locale":"en_US","og_type":"article","og_title":"Why trade penalties and economic coercion aren\u2019t working","og_description":"The Australian Prime Minister and Treasurer will have to try a new approach if they are to change course in the country\u2019s relationship with China.","og_url":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","og_site_name":"TR - Business Insight Australia","article_published_time":"2021-07-08T05:23:03+00:00","article_modified_time":"2023-05-15T04:20:34+00:00","og_image":[{"width":2560,"height":1151,"url":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg","type":"image\/jpeg"}],"author":"Zoe Martinez","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Zoe Martinez","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#article","isPartOf":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china"},"author":{"name":"Zoe Martinez","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/#\/schema\/person\/591548b122362c0e9157efaf49c5e5a3"},"headline":"Why trade penalties and economic coercion aren\u2019t working","datePublished":"2021-07-08T05:23:03+00:00","dateModified":"2023-05-15T04:20:34+00:00","mainEntityOfPage":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china"},"wordCount":1105,"image":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage"},"thumbnailUrl":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg","keywords":["anti-dumping tariffs","trade penalities","trade relations","trade tensions","world trade organization","WTO"],"articleSection":["Global Trade & Supply Chains","Global Trade Strategy"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","url":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china","name":"Why trade penalties and economic coercion aren\u2019t working","isPartOf":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage"},"image":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage"},"thumbnailUrl":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg","datePublished":"2021-07-08T05:23:03+00:00","dateModified":"2023-05-15T04:20:34+00:00","author":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/#\/schema\/person\/591548b122362c0e9157efaf49c5e5a3"},"breadcrumb":{"@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#primaryimage","url":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg","contentUrl":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-content\/blogs.dir\/4\/files\/sites\/18\/2021\/07\/GettyImages-1267243192-scaled.jpg","width":2560,"height":1151,"caption":"Why trade penalties and economic coercion aren\u2019t working between Australia and China"},{"@type":"BreadcrumbList","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/posts\/why-trade-penalties-and-economic-coercion-arent-working-between-australia-and-china#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/insight.thomsonreuters.com.au\/business\/"},{"@type":"ListItem","position":2,"name":"Why trade penalties and economic coercion aren\u2019t working"}]},{"@type":"WebSite","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/#website","url":"https:\/\/insight.thomsonreuters.com.au\/business\/","name":"TR - Business Insight Australia","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insight.thomsonreuters.com.au\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Person","@id":"https:\/\/insight.thomsonreuters.com.au\/business\/#\/schema\/person\/591548b122362c0e9157efaf49c5e5a3","name":"Zoe Martinez","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc7ede14ee78ec9b5659e1c03d5590ee960b1c95dfa8dab79d0ea127e550121a?s=96&d=mm&r=g","caption":"Zoe Martinez"},"description":"Zoe Martinez, as the Global Trade Portfolio Lead at Thomson Reuters ONESOURCE, drives technology adoption for global trade compliance, cost reduction, and supply chain efficiency. Her focus is on enhancing customer engagement and expanding the ONESOURCE Global Trade business in Asia and the Emerging Markets.","url":"https:\/\/insight.thomsonreuters.com.au\/business\/contributors\/zoem"}]}},"_links":{"self":[{"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/posts\/3031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/comments?post=3031"}],"version-history":[{"count":0,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/posts\/3031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/media\/3034"}],"wp:attachment":[{"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/media?parent=3031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/categories?post=3031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/tags?post=3031"},{"taxonomy":"insight_job_role","embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/insight_job_role?post=3031"},{"taxonomy":"insight_practice_area","embeddable":true,"href":"https:\/\/insight.thomsonreuters.com.au\/business\/wp-json\/wp\/v2\/insight_practice_area?post=3031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}