19 August 2019

China wins WTO case on US anti-subsidy measures, paper says

A World Trade Organization panel of experts has ruled in favor of China that the anti-dumping and anti-subsidy measures in the US revised customs law are against the WTO rules, the Economic Information Daily reported Friday. The ruling, based on China’s complaint, will force the United States to amend the measures, possibly leading to lower anti-subsidy tax on related Chinese exports to the US, a legal expert was quoted as saying. The case involves 24 products with trade value of US$7.2 billion, the report said. Meanwhile, the dispute panel overturned another part of the case in which China asserted that the US “Public Law 112-99”, signed by President Barack Obama in March 2012, broke WTO rules, the report said.

– Contact HKEJ at [email protected]




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