China hails WTO green light on US import duties | Malay Mail

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BEIJING, Jan 27 — China today hailed a WTO decision allowing it to slap duties on US$645 million (RM2.7 billion) worth of US imports each year, calling on Washington to follow the ruling and “stop seeking excuses” in a long-running anti-dumping dispute. But the move by the World Trade...

BEIJING, Jan 27 — China today hailed a WTO decision allowing it to slap duties on US$645 million worth of US imports each year, calling on Washington to follow the ruling and “stop seeking excuses” in a long-running anti-dumping dispute.

“The WTO ruling once again proves that the US has long violated WTO rules, abused trade remedy measures, and refused to fulfil its international obligations.” “In light of the parties’ arguments and evidence in these proceedings, we have determined that the appropriate level... is US$645.12 million per annum,” the WTO arbitrator ruled.

The WTO Dispute Settlement Body ruled in China’s favour and the ruling was upheld by its appeals judges in 2014, paving the way for China to retaliate. In November 2019, a WTO arbitrator permitted China to slap duties on up to US$3.6 billion worth of US imports, in a separate case. “Today’s decision reinforces the need to reform WTO rules and dispute settlement, which have been used to shield China’s non-market economic practices and undermine fair, market-oriented competition.”

 

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