U.S. Wins WTO Case Against China Over Grain Exports
Found China had not been transparent, predictable or fair in managing so-called tariff rate quotas
The World Trade Organization handed the United States a win Thursday in a trade dispute with China, ruling that Beijing did not fairly administer quotas on U.S. wheat, rice and corn, reports the Star Tribune.
The WTO, the Geneva organization that oversees the rules of global trade, found that China had not been transparent, predictable or fair in managing so-called tariff rate quotas on U.S. grain exports. The import tax, or tariff, is higher on U.S. grain shipments that exceed the quota.
The decision Thursday was the second U.S. victory over China this year in a trade dispute over agriculture.