lunes, 11 de octubre de 2010

China welcomes U.S. court's final ruling on dual duties on Chinese tires.

China has welcomed the final ruling by the U.S. Court of International Trade (CIT) directing the U.S. Department of Commerce (DOC) to scrap its imposition of countervailing duties (CVD) on tires from a Chinese manufacturer, China's Ministry of Commerce (MOC) said Monday. The U.S. court ruling on Oct. 1, together with its two previous rulings, showed that the DOC's simultaneous imposition of CVD and anti-dumping duties (AD) based on the Non-Market Economy (NME) methodology on China's Hebei Starbright Tyre Co., Ltd was unlawful, according to a statement provided by the MOC's Bureau of Fair Trade for Imports and Exports. The U.S. Commerce Department was also urged to correct its behavior on this issue, the statement added. China had always maintained that the double use of these punitive duty measures infringed on U.S. rules of not adopting anti-subsidy measures against non-market economies, said an official from the bureau, who declined to be named.

CHINA.ORG

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