USW Confident WTO Will Uphold China Tariff Decision
The United Steelworkers of America says it has “complete faith” that the World Trade Organization will uphold the US government’s imposition of an added tariff to consumer tyres imported from China. The WTO has acted on an appeal from China to investigate the three-year, tiered added tariffs imposed on China-made consumer tyres last September. The tariffs – 35 per cent for the first year, 30 per cent the second, and 25 per cent for the third – came on top of an existing four per cent standard import tariff.