JAPANESE TRADING

Greymouth Evening Star, 1 May 1936, Page 7

JAPANESE TRADING

WOOL PURCHASES. [BY CABLE PRESS ASSN. COPYRIGHT.] LONDON, April 30. The “Daily Telegraph’s” Tokio correspondent says that Japan is expected to put a surtax on imports of Australian wool, making it as dear as South African wool. Business men say that if this occurs Japan is likely to buy from South Africa, a third of the amount hitherto bought from Australia. Purchases of wool from New Zealand and wheat from Canada will also be increased. TOKIO, April 30. Business men forecast that the Tariff Commission, to-morrow, will recommend the summary imposition of 12 per cent, tariff on raw wool imports from Australia. SMUGGLING IN CHINA [BRITISH OFFICIAL WIRELESS.] RUGBY, April 29. The Foreign Secretary, replying to questions calling attention to the serious consequences to legitimate trade of the extensive smuggling of Japanese goods into China from Dairen, said the growth of smuggling in North China had been engaging the attention of the Government for some time past, and formed the subject of representations to the Chinese and Japanese Governments. In view of the recent deterioration in the position, the Government was actively considering what further steps could be taken to safeguard British trade in North China, and ensure that security of the foreign loan service would not be endangered.