Wednesday, December 25

Tag: tariffs

WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports
Global Trade, Organizations, IMF, WTO, G7, Types of News: Brief

WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports

U.S. Safeguard Tariffs Set To Expire in February 2022 September 3, 2021--The world's legal body for settling trade disputes rejected a complaint yesterday by China over U.S. tariffs on solar products made in China. The World Trade Organization's Dispute Settlement body denied all of China's claims against the U.S. safeguard tariff on China-made solar materials called Crystalline Silicon Photovoltaic Products. A safeguard measure is a temporary trade restriction countries apply to an import that occurs in such high quantities that it causes serious injury to the domestic industry. They are allowed under WTO rules for emergency and temporary use. Dispute Started in 2018 In 2017, the U.S. International Trade Commission responded to a complaint by Suniva, Inc. and SolarWorld Am...
U.S. Court Rules in Favor of Importers Opposing Tariffs on Chinese Goods
Global Trade, Types of News: Brief

U.S. Court Rules in Favor of Importers Opposing Tariffs on Chinese Goods

July 7, 2021-In what may be the first of thousands of cases contending Trump-era tariffs on Chinese goods, a high-level U.S. court ruled on Tuesday in favor U.S. importers. According to attorneys for the U.S. businesses, the ruling is likely to impact more than 6,500 plaintiffs who have filed similar lawsuits. The Case Decided This Week A group of U.S. companies in the flooring and home-based consumer products argued that import tariffs on Chinese goods imposed "irreparable harm" on their businesses. The case, which is the first of 3,600 cases before the Court of International Trade, relates to the final collection of tariff duties, called "liquidation." Specifically, the court ruled that, "Liquidation, as the final computation of duties, will constitute irreparable harm unless an...
Amid Tariff Talks, Trade Reps Discuss Joining Forces Against ‘Unfair’ Competition
Diplomacy, Global Trade, Globalization, Global Disintegration, International Law, Legal Battles, Types of News: Brief

Amid Tariff Talks, Trade Reps Discuss Joining Forces Against ‘Unfair’ Competition

March 12-Amid the backdrop of newly announced tariffs on steel and aluminum in the United States, trade representatives from the European Union and Japan met with US Trade Representative Robert Lighthizer in Brussels on Saturday to join forces against "unfair" competition undermining "the proper functioning of international trade." It's a timely discussion considering the new U.S. tariffs on steel and aluminum, scheduled to take effect March 23. Both the EU and Japan are expected to apply for exclusions from the tariffs. EU, Japan Seek Tariff Exemptions Amid other topics, the trade representatives discussed the new U.S. tariffs on steel and aluminum. Japan and the EU are considering taking actions, as permitted within World Trade Organization rules. "We expressed our concern. It co...

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