China files appeal in U.S. anti-dumping case: WTO
Reuters
Published Nov 18, 2016 11:49AM ET
Updated Nov 18, 2016 12:00PM ET
China files appeal in U.S. anti-dumping case: WTO
GENEVA (Reuters) - China has filed an appeal against a ruling by the World Trade Organization (WTO) in a dispute over methodologies used by the United States to calculate anti-dumping tariffs targeting Chinese imports, a WTO statement said.
In the dispute panel ruling released last month, China won the bulk of its WTO complaint brought in 2013 against certain U.S. methods of determining anti-dumping duties on Chinese products.
But some points of China's argument were rejected by the WTO panel, including a claim that the U.S. Commerce Department systematically punishes Chinese state enterprise by assigning them high anti-dumping rates.
Dumping is normally found when a foreign producer's U.S. prices are lower than its home market prices for the same or similar goods, or when the imports are sold at prices below production costs.
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Written By: Reuters
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