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US gains trade victory in auto dispute with china, Report
US gains trade victory in auto dispute with china, Report

US gains trade victory in auto dispute with china, Report

The United States on Friday won an international trade case against China for duties placed on imports of American automobiles, a victory that Obama administration officials hoped would prevent Beijing from enacting discriminatory taxes in the future.

The body’s decision that China violated WTO rules when it imposed import duties of up to 21.5 percent on vehicles made in the US with engines of 2.5 liters and above was an important win for the American auto industry, whose exports to China last year totaled some $8.6 billion.

US Trade Representative Michael Froman welcomed the decision but said he still found it troublesome that Washington had to bring three WTO cases against China in the first place.

“We remain deeply concerned by the troubling pattern of China’s misuse of anti-dumping and countervailing duty measures,” Froman told reporters.
He said the duties, which expired in late 2013, affected $5.1 billion in American auto exports to China that year.

The case against China came on behalf of nine automakers with factories in the US, including three major American companies and six foreign ones. In addition to General Motors, Ford and Chrysler, some non-US brands such as BMW, Mercedes, Honda and Toyota were also represented.

Agencies/Canadajournal




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