China will Uphold WTO Judgment on US Steel Duties

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Last updated at: (Beijing Time) Tuesday, July 15, 2003

China will Uphold WTO Judgment on US Steel Duties

China will cooperate with its co-complainants to enforce a World Trade Organization (WTO) panel's judgment that US steel duties violate global trade rules, a trade official said Tuesday.

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China will cooperate with its co-complainants to enforce a World Trade Organization (WTO) panel's judgment that US steel duties violate global trade rules, a trade official said Tuesday.

The WTO Appellate Body for trade disputes Friday ruled that the emergency tariffs imposed by the United States on steel imports were in breach of WTO rules.

China, along with seven co-complainants, including the European Union, Japan, the Republic of Korea, Switzerland, Norway, New Zealand and Brazil, welcomed the panel's ruling and called upon the United States to "terminate its WTO incompatible safeguard measures without delay."

China is aware of the US decision to appeal the panel's judgment, an official with Chinese Ministry of Commerce (MOC) said, and has noticed that the European Union has prepared a counterattack and is prepared to impose sanctions five days after the WTO final decision if the United States rejects the decision.

China is closely watching the progress of the case and will formulate corresponding measures to ensure the legal rights of the Chinese steel industry, the MOC official said.

The complainants brought their challenge to the WTO against the United States in 2002 after Washington imposed up to 30 percent emergency tariffs on imported steels in the name of protecting the ailing US steel industry.

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