Monday, June 18, 2012

WTO Rules for US Against China

from Friday's inbox:

United States Trade Representative Ron Kirk announced today that the United States has prevailed in a World Trade Organization (WTO) dispute regarding China’s imposition of anti-dumping and countervailing duties on grain-oriented flat-rolled electrical steel (GOES) from the United States.  A WTO dispute settlement panel sided with the United States, finding that China conducted an investigation and applied duties in a manner inconsistent with numerous obligations under the Subsidies and Countervailing Measures Agreement, and Anti-Dumping Agreement.  Ambassador Kirk applauded the WTO panel’s decision, lauding the ruling as a success in ensuring China’s compliance with its WTO commitments.
“Today’s victory is important not only for steelworkers in Pennsylvania and Ohio, but also for American farmers and workers in other sectors that export to China.  The panel upheld our claims that China’s duties on U.S. exports of steel products failed to comply with many WTO rules.  This decision sends another clear signal to China that it must do more to fulfill its WTO commitments, and that it will be held accountable to play by WTO rules," said Ambassador Kirk.  

See a copy of the Panel’s report here:

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