WTO accuses EU of restricting Chinese steel products

Ahram Online, Saturday 4 Dec 2010

The EU is accused of breaking WTO rules by imposing unfair tariffs on Chinese imports.

The World Trade Organisation (WTO) has called on the European Union to stop unfair anti-dumping duties on Chinese steel nuts and bolts imports, reported the BBC.

The WTO panel ruled against EU in favour of China after the latter filed a complaint against EU anti-dumping procedures concerning imports of steel screws. The WTO told the EU to revise its trading strategy.

Both parties have 60 days to appeal the judgment.  

China has been engaged in a long dispute with both the European Union and United States over trade issues.

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