According to Singapore’s “Lianhe Zaobao†report, the World Trade Organisation yesterday dismissed China’s complaint that the United States imposed additional tariffs on Chinese tires. Washington welcomed this and stated that it was a huge victory for the United States.
The WTO Dispute Mediation Committee ruled yesterday: "We believe that the United States did not violate its obligations on September 26, 2009 against the transitional safeguard measures applied to tires imported from China."
After the United States pointed out that the WTO's ruling “refuted China’s allegations (referring to the US’s illegal tariffs on Chinese tires)â€. US Trade Representative Kirk said: "This is a huge victory for the U.S., especially U.S. workers and businesses."
He pointed out: "We have all along stated that our customs duties on Chinese tyres are consistent with our obligations in the WTO. The WTO dispute settlement committee fully agrees with our position. This is of great significance."
At the urging of the American Iron and Steel Workers’ Association last year, President Barack Obama decided to impose a year-on-year tariff reduction on passenger car tires imported from China for three consecutive years. The tariff rate for the first year is 35%, and the second year is 30%. The third year is 25%.
The Sino-U.S. trade in tires was the first trade dispute China launched after Obama took office. The US International Trade Commission pointed out at the time that the tires imported from China led to the withdrawal of American tire manufacturers from the market, which caused the United States to lose more than 50 million jobs.
Beijing’s extra tariff response to Washington was very strong. In January this year, after the United States and China could not resolve this trade dispute, they demanded that the WTO intervene.
At that time, the Chinese government filed a complaint with the WTO, accusing Washington of violating the organization's regulations and demanding that the United States cancel the additional tariff imposed.
However, Obama denied that increasing tariffs was an act of trade protection. Yesterday, the WTO Dispute Mediation Committee also rejected all arguments put forward by China in its 128-page ruling.
The committee pointed out that China "could not provide conclusive evidence that the US measures to impose additional tariffs on Chinese tires exceeded the time limit needed to avoid or correct the market disturbance caused by this measure." The committee also believes that Washington has no obligation to " Determine the damage caused by the entrance tire increase".
The official Xinhua News Agency of China has quoted experts as saying that the tariffs imposed by the United States will cause China’s tire industry to lose US$1 billion, resulting in the loss of 100,000 jobs.
The WTO Dispute Mediation Committee ruled yesterday: "We believe that the United States did not violate its obligations on September 26, 2009 against the transitional safeguard measures applied to tires imported from China."
After the United States pointed out that the WTO's ruling “refuted China’s allegations (referring to the US’s illegal tariffs on Chinese tires)â€. US Trade Representative Kirk said: "This is a huge victory for the U.S., especially U.S. workers and businesses."
He pointed out: "We have all along stated that our customs duties on Chinese tyres are consistent with our obligations in the WTO. The WTO dispute settlement committee fully agrees with our position. This is of great significance."
At the urging of the American Iron and Steel Workers’ Association last year, President Barack Obama decided to impose a year-on-year tariff reduction on passenger car tires imported from China for three consecutive years. The tariff rate for the first year is 35%, and the second year is 30%. The third year is 25%.
The Sino-U.S. trade in tires was the first trade dispute China launched after Obama took office. The US International Trade Commission pointed out at the time that the tires imported from China led to the withdrawal of American tire manufacturers from the market, which caused the United States to lose more than 50 million jobs.
Beijing’s extra tariff response to Washington was very strong. In January this year, after the United States and China could not resolve this trade dispute, they demanded that the WTO intervene.
At that time, the Chinese government filed a complaint with the WTO, accusing Washington of violating the organization's regulations and demanding that the United States cancel the additional tariff imposed.
However, Obama denied that increasing tariffs was an act of trade protection. Yesterday, the WTO Dispute Mediation Committee also rejected all arguments put forward by China in its 128-page ruling.
The committee pointed out that China "could not provide conclusive evidence that the US measures to impose additional tariffs on Chinese tires exceeded the time limit needed to avoid or correct the market disturbance caused by this measure." The committee also believes that Washington has no obligation to " Determine the damage caused by the entrance tire increase".
The official Xinhua News Agency of China has quoted experts as saying that the tariffs imposed by the United States will cause China’s tire industry to lose US$1 billion, resulting in the loss of 100,000 jobs.
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