China appeals to WTO over US steel products
BEIJING, JULY 21 (AP/UNB) - China has appealed to the World Trade Organization to set aside a WTO panel report favoring the United States in an anti-dumping case involving U.S. steel product.
The Chinese Ministry of Commerce in a statement posted on its official website late Friday rejected the WTO report issued in June, saying it failed to properly interpret relevant rules. China asked a WTO appellate body to review the report.
The panel report was in response to a 2010 complaint lodged by Washington that challenged Chinese tariffs on grain-oriented flat-rolled electrical steel from the U.S.
Washington believes such punitive tariffs are unfair and hurt American exporters. The Obama administration has been aggressive in filing WTO complaints on China, and Beijing often fights back, as governments try to boost exports amid slumping global demands.
The Chinese Ministry of Commerce in a statement posted on its official website late Friday rejected the WTO report issued in June, saying it failed to properly interpret relevant rules. China asked a WTO appellate body to review the report.
The panel report was in response to a 2010 complaint lodged by Washington that challenged Chinese tariffs on grain-oriented flat-rolled electrical steel from the U.S.
Washington believes such punitive tariffs are unfair and hurt American exporters. The Obama administration has been aggressive in filing WTO complaints on China, and Beijing often fights back, as governments try to boost exports amid slumping global demands.
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