WTO rules against China's tariff policy

  • 18-Dec-2008 04:18 EST
The World Trade Organization on Dec. 15 denied an appeal by China regarding that country's imposition of what the U.S. and certain other countries consider illegal tariffs on imported auto parts, according to the Office of the U.S. Trade Representative. "China’s discriminatory taxation of U.S. auto parts is fundamentally at odds with core WTO principles," said U.S. Trade Representative Susan Schwab." The WTO appeals body agreed. Upon accession to the WTO, China adopted regulations that impose a 25% tax on each imported auto part that is incorporated into a vehicle (including commercial vehicles) that fails to meet certain local content requirements, according to Schwab. The tax unfairly discriminates against the use of imported vs. made-in-China parts, encouraging parts suppliers to locate production plants in China rather than keep them in the U.S., she said. Canada and the European Union joined the U.S. in its complaint against China.
Share
HTML for Linking to Page
Page URL
Grade
Rate It
4.00 Avg. Rating

Read More Articles On

2016-08-31
In addition to Heimatec's standard tooling line, the company offers custom-designed and special tooling service.
2016-11-29
While Donald Trump was blasting China for allegedly taking U.S. jobs, GM was quietly importing new China-made vehicles into the U.S.
2016-09-02
As a new option, YXLON provides ASTM E2973 digital reference images for aluminum and magnesium die castings in its imaging software Image2500 and Image3500 of X-ray inspection systems, including Y.MU2000-D and MU60 AE.
2016-09-06
With FASTSUITE Edition 2, CENIT provides an efficient Digital Factory solution for smart manufacturing.

Related Items

Technical Paper / Journal Article
2010-04-12
Technical Paper / Journal Article
2010-04-12
Technical Paper / Journal Article
2010-04-12
Technical Paper / Journal Article
2010-04-12
Article
2017-03-16
Training / Education
2013-04-09