GENEVA/WASHINGTON: The World Trade Organisation barred China yesterday from imposing duties on certain US steel exports, siding with US President Barack Obama in a dispute with Beijing over a type of steel made in two election battleground states.
The case involved duties imposed by China on “grain-oriented electrical steel,” which is used in the cores of high-efficiency transformers, electric motors and generators. The steel is made by AK Steel Corp of Ohio and ATI Allegheny Ludlum of Pennsylvania. China’s Commerce Ministry said on its website that it will “handle this case according to WTO regulations”. reuters
