U.S. LOSES WTO TARIFF CASE AGAINST CHINA AND INDIA
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Posted On: 07/15/2014 9:17:26 AM
U.S. LOSES WTO TARIFF CASE AGAINST CHINA AND INDIA
FT’s Lucy Hornby in Beijing: “The World Trade Organisation has ruled that tariffs imposed by the US on $7.2bn in steel and solar panel imports from China and India had been improperly applied in a case that could hobble Washington’s use of tariffs as a punitive tool.
Monday’s ruling comes as trade negotiators gear up for a difficult round of negotiations beginning this week over the global trade in green goods’, including solar panels. .. It challenges many tariffs imposed by Washington between 2007-2012, when former US ambassador to China Gary Locke was still serving as US Commerce Secretary.”
http://on.ft.com/1r08tB0
FT’s Lucy Hornby in Beijing: “The World Trade Organisation has ruled that tariffs imposed by the US on $7.2bn in steel and solar panel imports from China and India had been improperly applied in a case that could hobble Washington’s use of tariffs as a punitive tool.
Monday’s ruling comes as trade negotiators gear up for a difficult round of negotiations beginning this week over the global trade in green goods’, including solar panels. .. It challenges many tariffs imposed by Washington between 2007-2012, when former US ambassador to China Gary Locke was still serving as US Commerce Secretary.”
http://on.ft.com/1r08tB0
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