Enter your email address and start getting breaking law firm and legal news right now!
|Free Market Evaluation - Send us your resume and we will give you free feedback|
China Files WTO Case Against U.S. View Count: 26
A World Trade Organization case was filed by China on Monday that challenges anti-dumping measure from the United States. The anti-dumping measures from the U.S. are against billions of dollars of paper, kitchen appliance and other goods. The case filed by China came not long after President Obama filed a WTO case that accuses China of incorrectly subsidizing exports of auto parts and vehicles.
The WTO case filed by China is centered around a law passed this year by the U.S. Congress that retroactively provides the Commerce Department power to impose anti-dumping duties on Chinese goods, according to the Chinese Ministry of Commerce.
“This practice puts Chinese enterprises in an uncertain legal environment, in violation of the relevant rules of the WTO transparency and due process,” ministry spokesman Shen Danyang said.
The measures being challenged by the WTO case include 24 products worth $7.2 billion. The products include magnets, tires, steel, paper, kitchen appliance, chemicals, wind towers and wood flooring. China has requested consultations in order to settle the issue, which is the first process in the WTO complaint. A WTO panel can judge on the issue if a settlement is not reached in 60 days. China could then ask for sanctions based on the outcome of the ruling.China Files WTO Case Against U.S. by Jim Vassallo
|Job of the Day|
LEGAL - Administration Manager
Accountability Matters. It’s not a slogan. It’s a philosophy. Live it. Join our team! We are a Law Firm of passionate, talented, and experienced attorneys and staff. We ...