U.S. takes China to WTO on dumping row

The US-China trade pettifoggeries might now be an eternal issue at the WTO as US announced that it would be “challenging China’s imposition of antidumping and countervailing duties on more than $3 billion in exports of American-produced automobiles”.

The U.S. had called for dispute settlement consultations with China at the WTO in an effort to rule out these unjust tariffs, which seem to typify heretofore another exploitation of trade remedies by China.

In one case it earns grip at the WTO, the current clash would stage the 3rd case of the U.S. officially complaining about averred abuse of trade remedies by China during the President’s tenure in office.

Month: Current Affairs - July, 2012