The World Trade Organization (WTO) authorized, on Wednesday (26.01.2022), China to impose tariffs on products from the United States at a value of 645 million dollars, in reprisal for US antidumping measures, in a dispute dating back to 2012. “In the light of the arguments and evidences submitted by the parties in this proceeding, we determined the adequate level (…) does not exceed 645.121 million dollars per annum“, stated by the WTO arbitration in a report. Immediately, the US government qualified as “deeply disappointing” the authorization. The United Sates cannot appeal this decision, but the green light of the WTO does not prejudge the decision of China to impose or not the sanctions, completely or partially, in the form of surcharge on a series of US products. The WTO decision is framed in an old dispute between the two economic powers on the antidumping measures applied by the United States to multiple Chinese products, such as steel, wind masts, paper, and pipes. In 2012, the WTO established a group of experts at the request of China. The United States had justified the measures when arguing the need to compensate the Chinese subsidies to certain industrial sectors. According to the definition of the WTO, “if a company exports a product at a lower price than that normally applied in the market of its own country, such company carries out “dumping’”.
Working paper series on Latin America, China, and the just energy transition launched
The Center for China and Asia-Pacific Studies at the Universidad del Pacífico and the Boston University Global Development Policy Center have released a series of 12 working papers analyzing China’s role in Latin America’s energy transition and its economic, social, and environmental implications.
