US rejects China’s request for panel on subsidy duties
Nov 30, 2012 | 04:40 PM
| Catherine Ngai
NEW YORK The United States has rejected Chinas request to set up a dispute settlement panel at the World Trade Organization (WTO) over alleged illegal subsidy duties to nonmarket economies.
During a meeting Friday at the international organization, China said that the U.S. government since 2006 has launched more than 30 countervailing duty investigations against its productsincluding steel pipe, aluminum extrusions and oil country tubular goodsthat affect more than $7.3 billion in Chinese goods. These investigations are unlawful because U.S. countervailing....
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