WTO tells US to revise trade measures into line against South Korea
The World Trade Organization recommended on Thursday that the United States bring a series of duties imposed in the pre-Trump era on South Korea into line with global trading rules.
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BRUSSELS (Reuters) - The World Trade Organization recommended on Thursday that the United States bring a series of duties imposed in the pre-Trump era on South Korea into line with global trading rules.
The tariffs on different grades of steel and on large power transformers were inconsistent with WTO rules because U.S. authorities had not correctly used the facts available to calculate the level of dumping or subsidies, the panel found.
(Reporting by Philip Blenkinsop; Editing by Gareth Jones)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Jan 21 2021 | 9:25 PM IST