The case marks second US victory in as many monthsGENEVA: The United States won a World Trade Organisation (WTO) ruling on Thursday against China’s use of tariff-rate quotas for imported rice, wheat and corn, which it successfully argued limited market access for US grain exports. The case, lodged by the Obama administration in late 2016, marked the second US victory in as many months. It came amid US-China trade talks and on the heels of Washington clinching a WTO ruling on China’s price support for grains in March. US, China spar at WTO, blame each other for trade crisisA WTO dispute panel ruled on Thursday that under the terms of its 2001 WTO accession, China’s administration of the tariff rate quotas (TRQs) as a whole violated its obligation to administer them on a “transparent, predictable and fair basis”. Last year, the United States claimed China’s “unfair competitive practices” were harming foreign companies and workers in a way that violated WTO rules.
Source: The Express Tribune April 18, 2019 16:41 UTC