China
        

Economy

China to appeal WTO ruling on US tire tariff

Updated: 2010-12-15 17:44

(Xinhua)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

BEIJING - China is to appeal a World Trade Organization (WTO) ruling that US tariffs on Chinese tires are consistent with global trade rules, said Yao Jian, spokesman of China's Ministry of Commerce (MOC), Wednesday.

China was concerned about the negative effects of the WTO ruling, Yao said.

Related readings:
China to appeal WTO ruling on US tire tariff China regrets WTO ruling on US tariff on Chinese tire imports
China to appeal WTO ruling on US tire tariff WTO rules US tariff on Chinese tire imports

Imposing the duties on Chinese tires was aimed to shift domestic pressure in the US, but the action would not solve the problems in the related sectors, Yao said.

On Sept 11, 2009, the United States announced punitive tariffs of up to 35 percent on all Chinese car and light-truck tire imports in an attempt to "remedy the clear disruption to the US tire industry."

On Sept 14, 2009, China requested consultations with the United States on the issue, calling the tariffs inconsistent with WTO rules and US obligations under China's Accession Protocol.

A WTO ruling on Monday said that the United States tariffs on Chinese tires were consistent with global trade rules.

E-paper

Ear We Go

China and the world set to embrace the merciful, peaceful year of rabbit

Preview of the coming issue
Carrefour finds the going tough in China
Maid to Order

European Edition

Specials

Mysteries written in blood

Historical records and Caucasian features of locals suggest link with Roman Empire.

Winning Charm

Coastal Yantai banks on little things that matter to grow

New rules to hit property market

The State Council launched a new round of measures to rein in property prices.

Top 10 of 2010
China Daily in Europe
The Confucius connection