U.S. Officially Wins Auto Parts Case Against China

The United States has won a preliminary ruling in a World Trade Organization case over Chinese tax policies that restrict imports of foreign auto parts, a U.S. trade official said on Wednesday.

"We can confirm that, in all major respects, the panel has agreed with the United States that China has acted inconsistently with its WTO commitments," the U.S. trade official said in response to press reports on a confidential interim report released in Geneva.

The final report in the case is expected to be made public by the second or third quarter of this year. The case would be China's first loss at the WTO.

 

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EnnNorak - 2/14/2008 4:45:57 PM

+4 Boost

I hate non-tariff barriers to free and equitable trade.