AUSTRALIAN TARIFF.

Auckland Star, Volume LXVII, Issue 122, 25 May 1936, Page 7

AUSTRALIAN TARIFF.

New Policy Causes General Satisfaction. AMERICA WILL SUFFER. SYDNEY, May 24. Apart from wool, growers, who fearthat Japan will be irritated and may even seek reprisals, the announcement of Australia's new tariff has caused general satisfaction. The motor trade of the Commonwealth is said to have received its biggest surprise for many years, and farreaching adjustments of trade with exporting countries are expected to begin almost immediately. A substantial increase in employment in most of the protected industries is predicted. Importations of chassis from the United States and Canada are to be r&tricted to 50,000 a year. There will be no restrictions on Japanese rayon, on which the fates of duty will be slightly increased, but large Australian purchases are likely to be diverted to Japan ef, the expense of -he United States. Trade in fashion goods from America, except as samples, is expected to be diverted to France, which is a good customer of this country. The United States will lose almost its entire Australian trade in refrigeration plants, toilet preparations, machinery, boots, shoes, paper and other manufactured products. JAPANESE VIEW. 'OPENING SHOT IN TRADE WAR , TOKYO, May 24. The Press features Australia's "antiJapanese textile measures" under headlines such as "Opening Shot in Trade War." The papers comment that the measure wrecks the treaty negotiations. They also report that Mr. Brennan, South African Trade Commissioner, is touringWestern Japan and actively canvassing Osaka business men and the Nagoya woollen mills in the interests of wool and other South African goods. - The Ministry of Commerce and Industry Has ordered the SHk, Rayon an<i Textile Exporters' Association etncii.» to control exports to Australia and other specified countries.