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WTO gives U.S. until April to comply with ruling on Chinese imports
23/10/2015 12:00
The United States has until April 1, 2016 to comply with a World Trade Organization ruling that faulted its use of punitive import duties on a range of Chinese goods, including solar panels and wind towers, the trade body said on Friday.
In December 2014 the WTO's Appellate Body upheld a Chinese complaint that the United States had unfairly penalized $7.2 billion of Chinese exports.
The United States said it would need 19 months to implement the ruling, but China said 10 months. A WTO-appointed arbitrator, Georges M. Abi-Saab, split the difference and gave 14 months and 16 days from the result of the dispute.
In December 2014 the WTO's Appellate Body upheld a Chinese complaint that the United States had unfairly penalized $7.2 billion of Chinese exports.
The United States said it would need 19 months to implement the ruling, but China said 10 months. A WTO-appointed arbitrator, Georges M. Abi-Saab, split the difference and gave 14 months and 16 days from the result of the dispute.
Oct 9, 2015
Source: Reuters
Source: Reuters
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