China Seeks WTO Panel Ruling In EU Fastener Spat

Law360, New York (October 12, 2009, 4:16 PM EDT) -- China upped the stakes Monday in its ongoing trade dispute with the European Union, asking a World Trade Organization settlement panel to rule on the legality of high European import tariffs levied on certain iron or steel fasteners made in China.

In July, China filed its initial complaint with the WTO, alleging that the EU unfairly imposed taxes of between 26 and 85 percent on more than 1,700 Chinese fastener makers, which produce the items for use in a wide array of industries including furniture and...
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