INDIA LAUNCHES WTO ACTION OVER AMERICAN STEEL DUTIES
April 1st, 2012
BY KEITH NUTHALL AND RAGHAVENDRA VERMA, IN NEW DELHI
THE INDIAN government has decided to launch a World Trade Organisation (WTO) challenge to USA countervailing duties on certain steel products. New Delhi has requested that formal consultations be undertaken at Geneva: if these fail (and that is to be expected) then India will probably demand that a WTO disputes panel is established to rule on whether US steel countervailing duties comply with world trade laws. These allow such tariffs to be imposed when an exporting country subsidises the manufacture and ...
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