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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World US claims WTO victory in China trade dispute AFP - Saturday, October 23 Send IM Story Print WASHINGTON (AFP) - – The United States on Friday claimed victory in a WTO dispute with China over Washington's tariffs on pipes, tubes, tires and sacks. US Trade Representative (USTR) Ron Kirk said the WTO had broadly upheld Washington's right to place duties on goods from China that were "unfairly subsidized." "This is a significant win for American workers and businesses affected by unfairly traded imports," Kirk said in a statement. China had challenged the right to place punitive duties on the lucrative trade in goods used in everything from plumbing to fencing, bringing the case to the WTO in 2008. The United States had introduced tariffs of around 25 percent on Chinese pipes to prevent subsidized goods being dumped on the US market. The Geneva-based World Trade Organization, while broadly upholding Washington's right to impose duties, called on the US authorities to change how some of the duties are calculated. The WTO's dispute settlement body found that the "US Department of Commerce had acted inconsistently" with trade rules in five areas and rejected China's contentions on at least 12 points. The ruling had been delayed for nearly a year beyond the standard deadline as the dispute settlement panel of independent legal and trade experts grappled with the "substantive complexity" of the case, according to the Geneva-based trade body. Despite the caveats of the ruling, President Barack Obama's administration welcomed the panel's conclusions. "This case makes clear that the Obama administration, including USTR and our colleagues at the Department of Commerce, will vigorously defend the application of our trade remedy laws." It is just one in a series of trade disputes between the two economic superpowers. They have also clashed over duties on auto parts, coated paper, green technology, steel, chicken and most recently China's currency policies, which the US claims constitute an unfair export subsidy. China has the right to appeal the WTO panel ruling. Recommend Send IM Story Print Related Articles US claims WTO victory in China trade dispute AFP - Saturday, October 23 India slaps Vodafone with 2.53 bln dollar tax demand AFP - Saturday, October 23 Japan telecom firm KDDI posts 5.7 percent earnings fall AFP - Saturday, October 23 Top Chinese dairy firm apologises over employee smear AFP - Saturday, October 23 WTO gives mixed ruling in China-US anti-dumping dispute AFP - Saturday, October 23 News Search Top Stories Jazeera: WikiLeaks papers show Iraq torture, US killings Virgin spaceship to pass new milestone Shock u-turn as Rooney signs new deal with United Ericsson reveals profit jump Moon's 'treasure chest' includes silver More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Ancient galaxy is more than 13 billion light years away Moon's 'treasure chest' includes silver Shock u-turn as Rooney signs new deal with United Tigers could be extinct within 12 years: WWF California braces for the Big One with fake quake More Most Viewed » Time, like all good things, may come to an end: study Too much TV psychologically harms kids: study Iranian chocolate thief 'to have hand chopped off' Ancient galaxy is more than 13 billion light years away British lottery winner gets record 129 mln euros More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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