Wednesday, March 26, 2008
Last month I posted about the WTO's interim ruling; the final ruling has now been issued (but won't be public until July). Those who have access to the BNA's WTO Reporter can see a full report here. Here are the first few paragraphs, the quoting of which will not, I hope, exceed the bounds of fair use:
A World Trade Organization dispute panel has issued a final ruling upholding complaints filed by the United States, the European Union and Canada against China's discriminatory tariff treatment of imported automobile parts.
The final ruling circulated to the four parties March 20 maintains the findings in the panel's interim report issued Feb. 13, according to officials familiar with the ruling (30 WTO, 02/14/08).
The panel rejected China's arguments in defense of regulations that the United States, the EU, and Canada said resulted in illegal duties being imposed on imported auto parts.
Officials said China contested only one part of the panel's findings during the review of the interim report, namely that Beijing's decision to subject imports of completely knocked-down (CKD) and semi knocked-down (SKD) auto kits to the same 25 percent tariff as complete motor vehicles violated China's WTO accession commitments. The panel rejected China's claims in the final ruling, the officials said.
The final ruling is due to be issued to all WTO members and made public sometime in July.