The request for consultations is the formal reason for the beginning of the dispute with WTO
Within 60 days the U.S. and China will try to reach a mutual decision. If they can’t do it, the matter may be referred for resolution by the special Commission.
The Chinese authorities have sent an official request to the world trade organization (WTO) for consultations with the United States under the dispute settlement mechanism of the WTO in connection with the planned imposition of duties on the import of certain Chinese goods. This was reported on the website of the WTO on Thursday, April 5.
According to the statement, China considers these duties in excess of bound rates of customs tariffs and contrary to the provisions of the General agreement on tariffs and trade.
The request for consultations is the formal reason for the beginning of the resolution of the dispute involving the WTO. Within 60 days the parties are trying to come to a mutual decision, and if they can’t do it, the matter may be referred for resolution by the special Commission.
Recall that in the United States published a list of the 1.3 thousand Chinese products, against which may be imposed an additional fee.
Also on March 23 in the United States began to operate import duties on steel in 25% and aluminium 10%. In response to Washington’s actions Beijing has imposed duties on American goods 128.
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