Obama Trade Law Survives Chinese WTO Appeal

Posted by Eric Haun
Monday, July 07, 2014
U.S. President Barack Obama (White House photo)

China failed to overturn a U.S. law targeting unfair trade subsidies on Monday, when the World Trade Organization's Appellate Body said it did not have enough information to uphold China's appeal against an earlier WTO ruling.

China had claimed that the U.S. "Public Law 112-99", also known as the GTX legislation, which was signed by President Barack Obama in March 2012, broke world trade rules, but a WTO dispute panel ruled against it in March.

The Appellate Body disagreed with several of the panel's intepretations of the law but said it did not have enough information to rule one way or the other, effectively leaving the March ruling intact.

However, the Appellate Body also left intact another part of the panel's ruling, which said that the United States had wrongly "double counted" when punishing Chinese goods for being both subsidised and unfairly priced.

In a statement, China's Ministry of Commerce said the dispute was "another significant victory of China's challenge against the United States' abuse of trade remedy measures".

The U.S. tariffs affected photovoltaic cells and modules used in solar power, various steel products, off-road tyres, aluminium goods and towers for windfarms.

China said the annual value of trade affected was $7.2 billion.

It launched the complaint in September 2012, in an apparent tit-for-tat move that came hours after the United States lodged a complaint against China's support for car exports.

There was no immediate comment from the U.S. Trade Representative's office.

(Reporting by Tom Miles; editing by Robert Evans)

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Rosneft, Gazprom to Receive Four Arctic Fields

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf,

Virginia-Class Submarine Named USS Iowa

Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today in Ames, Iowa to announce that SSN 797, a Virginia-class attack submarine, will bear the name USS Iowa.

Belfast Harbour Goes Live With KleinPort

Saab has commissioned its first Port Management Information System in the UK. As of September 1st, 2015, Belfast Harbour Commission commenced live operations with its KleinPort system.

News

U.S. Coast Guard Responds to Collision Near Paducah

On-scene assessment teams have reported the maximum estimated potential clarified slurry oil released from the tug collision is now 250,000 gallons, Thursday. The

ICTSI Manila Starts Container Booking System

The Manila International Container Terminal (MICT) in the Port of Manila has started implementing a vehicle appointment system called Terminal Appointment Booking

RORO Ops by NYK for Ford Plants in India

In 2011, NYK Auto Logistics (India) Pvt. Ltd.(NALI)* was awarded a contract by Ford India for RORO terminal services of finished cars at Chennai and Ennore Port.

Government Update

Australia's New Shipping Laws Threaten Loss of Jobs

The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says.   More than nine in 10 domestic seafarers

Proposed Shipping Legislation to Jeopardise$100-million Investment in Australia

Australian-owned Bass Strait shipping operator SeaRoad Holdings has warned the Federal Government that its proposed Shipping Legislation Amendment Bill could jeopardise

China Ready with ECAs

China has taken 'important step' in tackling ship-generated emissions. China is also developing Emission Control Areas (ECAs) in its major ports.   China's Ministry

Logistics

ICTSI Manila Starts Container Booking System

The Manila International Container Terminal (MICT) in the Port of Manila has started implementing a vehicle appointment system called Terminal Appointment Booking

RORO Ops by NYK for Ford Plants in India

In 2011, NYK Auto Logistics (India) Pvt. Ltd.(NALI)* was awarded a contract by Ford India for RORO terminal services of finished cars at Chennai and Ennore Port.

Rosneft, Gazprom to Receive Four Arctic Fields

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2860 sec (3 req/sec)