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17 Aug
21:20

WTO finds that Chinese countermeasures violate trading rules

A panel decision by the World Trade Organisation (WTO) finds that safeguarding tariff duties imposed by China against the US violated trade laws. According to the WTO, the panel concludes that China's safeguard tariffs are inconsistent as these measures fail to acknowledge the unfair advantage granted to steel products originating outside the US. Kallanish understands that the Chinese ministry of commerce has yet to release an official statement to this r…
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