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Monday, September 17, 2012

China launches WTO challenge over US anti-subsidy tariffs - Chicago Tribune

WTO China

Workers assemble vans at an auto plant in Qingdao, in eastern China's Shandong province. On Monday, the Obama administration will urge the World Trade Organization to take enforcement action against China. (September 17, 2012)

China filed a complaint at the World Trade Organization on Monday to challenge a new U.S. law on "countervailing duties", or tariffs intended to combat export-promoting subsidies.

The complaint, filed hours after the United States said it would launch a wide-ranging trade complaint against China's support for car exports, potentially affects close to 30 products that have previously been targeted by U.S. duties, a trade official familiar with the case said.

In a brief statement, the WTO said the products included steel, tires, magnets, chemicals, kitchen appliances, wood flooring and wind towers.

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