Decision in Chicken Products Trade Dispute with China a Win for U.S.
U.S. Trade Representative Michael Froman has announced that the World Trade Organization adopted an August 2nd dispute settlement panel report in favor of the United States in a major trade dispute with China. According to USTR - this proves that China's imposition of duties on U.S. chicken broiler products violates international trade rules. Now that the WTO Dispute Settlement Body has formally adopted the report - China must bring itself into compliance with its WTO obligations. The U.S. exported over 613-thousand metric tons of broiler meat to China in 2009. That was the year before China imposed the duties. Exports fell almost 90-percent after the imposition of the duties. U.S. Ambassador Froman says this decision represents a significant victory for American farmers and chicken producers and proves the U.S. will not stand by while its trade partners unfairly hurt U.S. exports and U.S. jobs. He's hopeful China's acceptance of the WTO's decision without appeal signals a recognition by China that it needs to take a serious look at its trade remedies regime and bring its rules, procedures and practices into line with its WTO obligations. U.S. Agriculture Secretary Tom Vilsack looks forward to seeing China's market for broiler products restored for U.S. farmers and chicken producers.
© 2014 Rural Radio Network. All rights reserved. Republishing, rebroadcasting, rewriting, redistributing prohibited. Copyright Information