WTO rejects most Chinese claims in U.S. duties case

posted by AJOT | Oct 24 2010 at 08:00 PM | International Trade

A World Trade Organization panel largely rejected Chinese claims on Friday in a dispute with the United States on extra duties on Chinese goods.

The dispute turned on duties imposed by the United States on imports of Chinese steel pipes, off-road tyres and woven sacks, that the U.S. argued were unfairly priced at below cost and were subsidised, contravening WTO rules. (Reuters)

More International Trade

UK exports fewer goods after Brexit, tilting economy to services

The UK is still exporting fewer goods than before Brexit, as the economy becomes more reliant on selling services to the rest of the world, according to official data.

View Article

Lagarde reiterates Europe, US shouldn’t engage in subsidy race

View Article

Cap jumps as new Chile tariffs make steelmaking profitable again

Chilean steel and iron ore producer Cap SA rose the most in two weeks after authorities slapped tariffs on some Chinese steel products, in a move that prompted the firm…

View Article

Chile slaps tariffs on Chinese steel to bolster local mills

Chile imposed temporary anti-dumping tariffs on Chinese steel products used in the country’s mining industry in a bid to support faltering local producers. The move pushed Cap SA to reverse…

View Article

EU agrees to expand Iran sanctions for missile attacks on Israel

European Union foreign and defense ministers secured a political agreement on Monday to impose new sanctions on Iran over its attack on Israel.

View Article

South Korea’s early exports rise as momentum remains strong

South Korea’s exports have made a brisk start to the second quarter based on early trade figures for April, brightening the outlook for economic growth.

View Article