Thursday, October 18, 2012

Voice of America: WTO Rules Against China in US Steel Dispute

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
WTO Rules Against China in US Steel Dispute
Oct 18th 2012, 18:31

The World Trade Organization has ruled in favor of the United States in a dispute with China over the American export of specialty steel used to build power transformers.  A WTO appeals panel said Thursday that Beijing improperly imposed tariffs on steel sent to China by two U.S. companies, AK Steel and ATI Allegheny Ludlum. China had contended that the American firms illegally "dumped" their products — selling them at unfairly low prices — on the Chinese market. AK Steel said ...

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