Subscribe free to our newsletters via your
. GPS News .




TRADE WARS
Japan files complaint against China over steel duties: WTO
by Staff Writers
Geneva (AFP) Dec 20, 2012


Japan has filed a complaint against China for imposing duties on steel tube imports which Beijing claims were being sold at prices below market levels, the World Trade Organization said on Thursday.

Japan had on Thursday requested "consultations with China concerning China's measures imposing anti-dumping duties on high performance stainless steel seamless tubes from Japan," the UN's trade body said.

Japan charged that the duties violated international agreements, in the latest volley in a slew of trade rows between China and its key trade partners that have seen tit-for-tat duties put on a range of goods.

China announced the new duties -- ranging from 9.2 to 14.4 percent -- last month on imports both from Japan and the European Union of steel tube mainly used in industrial boilers.

Beijing insisted the duties were needed since it claimed the imports were being sold at below market prices and causing "substantive harm" to Chinese industry.

China, the world's top exporter, is also at loggerheads with its main trade partners, Japan, the United States and the EU, over sales of automobiles, rare earth minerals and solar cells.

In international trade disputes through the WTO member states must, as Japan did Thursday, always start by requesting bilateral "consultations", which usually last 60 days.

If at the end of the discussions the dispute has not been settled, the complaining party can request the creation of a panel of experts to study the matter. The countries are required to act in accordance with the panel's conclusions.

The whole procedure usually takes several months.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Japan's US-bound exports overtake China shipments
Tokyo (AFP) Dec 19, 2012
Japan's US-bound exports overtook shipments to China last month, official data showed Wednesday, as a new government in Tokyo vows to stand its ground in a bitter diplomatic dispute with Beijing. Shipments to China tumbled 14.5 percent in November as demand for everything from cars to construction equipment fell away, while an improving US economy helped boost the flow of Japanese goods 5.3 ... read more


TRADE WARS
Plant sniffs out danger to prepare defenses against pesky insect

New research predicts rising trend in India's violent land conflicts; 130 districts struggle

Three Bacterial Strains Common to Grapevines and Sugarcane Decoded

Soil determines fate of phosphorous

TRADE WARS
Taiwan's UMC to buy majority stake in Chinese firm

UCLA engineers develop new energy-efficient computer memory using magnetic materials

Stretchable electronics

Novel NIST process is a low-cost route to ultrathin platinum films

TRADE WARS
Israel's air force gets ready for a blitz against missile foes

Upgraded MiG-29s supplied to India

BAE says Saudi jet deal facing unresolved 'issues'

Embraer, Astronics collaborate on KC-390

TRADE WARS
Volvo Cars says avoiding loss this year 'very difficult'

New Factor could Limit the Life of Hybrid and Electric Car Batteries

Ultrasound can now monitor the health of your car engine

Chinese firm to build electric cars in Bulgaria: report

TRADE WARS
Japan files complaint against China over steel duties: WTO

US, China talk trade amid transitions

Australia's Lynas wins appeal against Malaysian operations

Japan's US-bound exports overtake China shipments

TRADE WARS
Cloud forest trees drink water through their leaves

More bang for bugs

If you cut down a tree in the forest, can wildlife hear it?

Warming climate unlikely to cause extinction of ancient Amazon trees

TRADE WARS
China launches Turkish EO satellite

Google Maps driving Apple iOS upgrades

Google Maps returns to iPhone after Apple fiasco

Shadows on ice: Proba-1 images Concordia south polar base

TRADE WARS
Nanocrystals Not Small Enough to Avoid Defects

Nature Materials Study: Boosting Heat Transfer With Nanoglue

New optical tweezers trap specimens just a few nanometers across

How 'transparent' is graphene?




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement