Beijing: China, the world's top steel-maker, on March 15 appealed to the World Trade
Organisation (WTO) against the US decision to steeply raise the import tariffs on
steel, citing violation of WTO rules and trade protectionism.
The Chinese government has proposed to the WTO that consultations be held with the
United States on the recent US decision to impose quotas or raise tariffs on steel
imports, the Ministry of Foreign Trade and Economic
Co-operation (MOFTEC) said in a statement.
The Chinese government made the appeal in accordance with WTO rules and requested
the US side to decide the time and site for consultations as soon as possible, it
said.
China was "deeply shocked" by the Bush Administration's three-year package plan that
imposes tariff quota limits and slaps hefty tariffs of upto 30 per cent on a range
of steel imports, which was issued on March 5.
"This decision not only goes against the WTO rules, but also will have a serious
impact on China's normal steel exports to the United States, hence causing huge
losses to the steel makers of China," the statement said.
MOFTEC Minister Shi Guangsheng had said on March 12 that, "We are closely following
the development of the situation, and the Chinese side will retain its rights to
further reaction, including appeal to the WTO trade dispute mechanism."
Relevant businesses and trade unions in China have strongly reacted to the US
decision, asking the government to take responsive measures, Xinhua news agency
said.
PTI