https://www.miningweekly.com

China seeks WTO dispute resolution with US over steel, aluminum tariffs

5th April 2018

By: Reuters

  

Font size: - +

China's commerce ministry said on Thursday it has initiated a World Trade Organization (WTO) dispute resolution procedure over US tariffs on its import of steel and aluminum.

The move follows a back and forth dispute between the two countries over free trade, that has escalated from an investigation by the United States into China's intellectual property practices to imposing tariffs on imports.

The Ministry of Commerce said the US measures against its steel and aluminum were not for maintaining national security, but rather were in aid of trade protectionism.

The ministry said in a statement posted on its website the US action were a "serious violation of the non-discrimination principle of the multilateral trading system", and violated its tariff-reduction commitments under the WTO.

After the United States failed to negotiate compensation, China had to initiate the dispute settlement procedure to defend its rights and interests, the ministry said.

The US Trade Representative’s office said earlier that the tariffs were put in place on national security grounds and objections were "baseless".

WTO rules include an exemption for measures related to national security.

Edited by Reuters

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION