Economy
China to appeal WTO ruling on US tire tariff
Updated: 2010-12-15 17:44
(Xinhua)
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.
|
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
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.