China is seeking $2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the global trade body.
Vietnamese dairy products have been officially allowed into the Chinese market, according to a recent statement by the General Administration of Customs of China.
THE United States imposed tariffs on a record US$7.5 billion worth of European Union goods on Friday, despite threats of retaliation. Airbus, French wine and Scotch whisky were among the high-profile targets.
The Korea International Trade Association announced on Oct. 20 that a total of 33 anti-dumping and safeguard investigations were newly launched against South Korea from September 2018 to September 2019.
The Directorate General of Trade Remedies (DGTR) has maintained its stand on withdrawal of anti-dumping duty on paracetamol following a court-mandated review of its earlier decision in January, according to a notification by the government body.
The World Trade Organisation (WTO) formally authorised the United States yesterday to impose tariffs on up to US$7.5 billion (S$10.3 billion) of imports of European Union goods after an arbitrator's decision over subsidies to planemaker Airbus.
The United States Department of Commerce made a preliminary determination in its recent sixth annual review to impose an anti-dumping duty of 60.81 percent on transformers Hyundai Electric exports to the United States and 40.73 percent on those exported by other companies such as Hyosung Corp..
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