Beijing claimed that the 10-per cent additional ad valorem duties applied on all goods originating in China, as well as measures with respect to the availability of drawback and duty-free de minimis treatment, which apply to all products of Chinese origin, are inconsistent with US most favoured nation obligations and US tariff obligations under the General Agreement on Tariffs and Trade (GATT) 1994, the WTO said in a release.
The move is to safeguard China's legitimate rights and interests, the Chinese Ministry of Commerce said, alleging that the US imposition of additional tariffs on Chinese products is a serious violation of WTO rules, and the “egregious act is typical of unilateralism and trade protectionism”.
Fibre2Fashion News Desk (DS)