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China files complaint with WTO over tire tariffs.

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BobRossi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-14-09 10:08 AM
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China files complaint with WTO over tire tariffs.
"BEIJING – Beijing filed a World Trade Organization complaint Monday over new U.S. tariffs on Chinese tires, stepping up pressure on Washington in the latest in a series of trade disputes.

The conflict is a potential irritant as Washington and Beijing prepare for a summit of the Group of 20 leading economies in Pittsburgh on Sept. 24-25 to discuss efforts to end the worst global downturn since the 1930s.

The Chinese complaint to the WTO in Geneva triggers a 60-day WTO process in which the two sides are to try to resolve the dispute through negotiations. If that fails, China can request a WTO panel to investigate and rule on the case.

"China believes that the above-mentioned measure by the U.S., which runs counter to relevant WTO rules, is a wrong practice abusing trade remedies," said a Chinese government statement quoted by the official Xinhua News Agency."

<snip>

"Last month, Beijing was forced to change its tariffs on imported auto parts after losing an appeal of a WTO ruling in a case brought by the United States, the European Union and Canada. They challenged Beijing's policy of requiring automakers to use at last 40 percent Chinese-made components or pay more than double the usual tariff on imported parts."

http://news.yahoo.com/s/ap/20090914/ap_on_bi_ge/as_china_us_trade_6


Screw them.
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