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Chemical Week Magazine :: Business & Finance :: United States/Americas
China’s WTO Suit Challenges U.S. on Countervailing Duties
7:17 AM MDT | September 21, 2012 | —Kara Sissell
China has filed a complaint with World Trade Organization (WTO; Geneva) challenging U.S. countervailing duties on products including chemicals, paper, solar cells, and steel. Countervailing duties are administered by WTO as a way to offset the impact that one country’s government subsidies would have on the competitiveness of other nations’ products. Kirk: China must honor its WTO commitment. China’s announcement came on the heels of an announcement by the White House that said it plans to challenge the Chinese government’s subsidies that...
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