China Daily reports that U.S. tariffs on Chinese tire imports have harmed Chinese producers and the September 5 WTO ruling will make matters more difficult. The WTO rejected China’s complaints regarding U.S. tariffs on Chinese tire imports. U.S. Trade Representative Ron Kirk claims that the WTO ruling is a “tremendous victory for the U.S. as well as for American workers and manufacturers”. The Chinese Ministry of Commerce states that the tariffs did not have the support of the U.S. tire industry, hurt China’s trading interests, and did not help in reducing U.S. tire imports.
September 7, 2011
World Trade Organization rejects China complaint regarding U.S. tariffs on Chinese tire imports
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