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WTO rules against US in trade spat with China and India

Abhishek_

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WTO rules against US in trade spat with China and India
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The World Trade Organisation (WTO) has found the United States violated global trade rules when it imposed tariffs on products from China and India.

In response to a 2012 complaint, the WTO said the US improperly imposed tariffs on Chinese steel and solar panels.

In a separate ruling, it said the US must change the way it imposes tariffs on India steel products.

The US is embroiled in several trade spats with China and India.

Complaints
"China urges the United States to respect the WTO rulings and correct its wrongdoings of abusively using trade remedy measures, and to ensure an environment of fair competition for Chinese enterprises," said China's foreign trade ministry in a statement.

However, the WTO did not agree with all of the complaints filed by India and China.

The US - which has argued it imposed the tariffs to combat artificially low prices on products from India and China's state-subsidised industries - has the right to appeal the ruling.
BBC News - WTO rules against US in trade spat with China and India
 
:yahoo::yahoo:The world must learn to say no to hegemonism

They won't give up so easily. There is definitely some place in some other treaty or trade related matter where they will try to undercut you and us.

As such the CIA doesn't appreciate a powerful leader in developing countries.
 
Well,they can still appeal, so only after that the matter will be settled.
 
They won't give up so easily. There is definitely some place in some other treaty or trade related matter where they will try to undercut you and us.

As such the CIA doesn't appreciate a powerful leader in developing countries.
I agree ,
the United States will not stand still.
For the hegemony of Western countries, developing countries can unite, otherwise it will be forever exploitation.
WTO can not be the agent of the West, otherwise it will lose the principle of fairness
 

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