China informs the WTO that it will retaliate against the US protective tariff
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Last Update: 2002-05-20
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Source: Internet
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Author: User
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Introduction: Dow Jones Washington May 17 news: on Friday, according to Japanese Nikkei news website, China announced to the world trade organization that it would impose compensatory tariffs on the US protective steel import tariff A report from Geneva said China had informed the WTO that it would plan to impose retaliatory tariffs on us products worth $94 million, such as soybeans China will start collecting tariffs in March 2005, or earlier, when the world trade organization's watchdog ruled that U.S protection tariffs were illegal China's statement follows similar announcements from the European Union and Japan to the WTO In March, the United States adopted such restrictive measures against 14 kinds of imported steel.
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