LINE

    Text:AAAPrint
    Economy

    South Korea requests dispute consultations with U.S. over safeguard duties: WTO

    1
    2018-05-17 08:42Xinhua Editor: Gu Liping ECNS App Download

    South Korea has requested dispute consultations with the United States at the World Trade Organisation (WTO) regarding U.S. safeguard duties imposed on imports of large residential washers and crystalline silicon photovoltaic products, according to WTO official documents released on Wednesday.

    In the requests circulated to WTO members on Wednesday, South Korea claimed that U.S. safeguard measures are inconsistent with a number of provisions under the WTO's Agreement on Safeguards and the General Agreement on Tariffs and Trade (GATT).

    South Korea considered that the United States failed to make a proper determination and to provide a reasoned and adequate explanation of a significant overall impairment in the position of the domestic industry to support its conclusion that the domestic industry was suffering "serious injury or threat of serious injury".

    The United States decided in January to impose tariffs of up to 50 percent on imported washers for the next three years, and up to 30 percent on solar cells and modules for the next four years.

    South Korea said the U.S. measures affect almost 304 million dollars in washing machine products on which Washington collected 152 million dollars in duties in 2017, and 1.1 billion dollars of solar panel imports which accrued duties to the Americans of 330 million dollars in 2017.

    Separately, South Korea had in February issued a complaint at the WTO, challenging the U.S. use of anti-subsidy and anti-dumping duties relating to steel and transformer products.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 祁连县| 泰州市| 泸水县| 巴塘县| 台中县| 永平县| 新沂市| 八宿县| 蚌埠市| 通城县| 霍山县| 壤塘县| 桃园县| 宁远县| 阿克陶县| 新乡市| 古浪县| 正安县| 麻栗坡县| 武宣县| 亳州市| 和平区| 石屏县| 门头沟区| 宕昌县| 老河口市| 鄂伦春自治旗| 陵川县| 仁布县| 盖州市| 洛隆县| 清河县| 兴仁县| 奇台县| 湘潭县| 布拖县| 铜川市| 蓝田县| 精河县| 陇川县| 岳池县|