MySheen

WTO decides US wins Chicken Trade dispute between China and US

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, The trade dispute between China and the United States has existed for a long time, and the United States has a certain resistance to Chinese products, mainly because Chinese products are good in quality and cheap, and the United States is afraid that Chinese products will occupy the American market, so anti-dumping measures are constantly strengthened. But the United States exports to China

The trade dispute between China and the United States has existed for a long time, and the United States has a certain resistance to Chinese products, mainly because Chinese products are good in quality and cheap, and the United States is afraid that Chinese products will occupy the American market, so anti-dumping measures are constantly strengthened. However, US exports to China are in a different position. A few days ago, the World Trade Organization (WTO) ruled in the chicken trade dispute between China and the United States that China had not complied with the previous ruling and would continue to impose punitive tariffs on chicken imports from the United States.

The ruling means that the Chinese government will be forced to further reduce tariffs on US chicken products unless an appeal is filed within 20 days.

The dispute between China and the United States over the chicken trade began seven years ago. In 2010, China announced anti-dumping duties of up to 105.4% and countervailing duties of 30.3% on US chicken products.

The United States complained to the WTO in September 2011, and in 2013 the WTO made a ruling in favor of the United States. In response, China cut the two tariffs to 73.8 per cent and 4.2 per cent respectively in 2014.

But the United States is still unhappy with this. The US Trade Representative said China still violated trade rules and filed another complaint with the WTO in 2016, demanding that China open its market to American chicken.

In response to WTO's ruling, China's Ministry of Commerce said it regretted the ruling and would evaluate WTO's report and follow up in accordance with WTO rules.

 
0