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Nation regrets WTO tire ruling

Nation regrets WTO tire ruling

Write: Ashton [2011-05-20]
China said on Tuesday it regretted a World Trade Organization ruling on Monday that said a punitive United States tariff on Chinese tire imports is consistent with global trade rules.
China is deeply concerned about the effect the tariff has on the nation's tire industry, said an unnamed official at the Ministry of Commerce's treaty and law department.
After careful study of the report, China will file a complaint to safeguard the legitimate rights of the nation's tire makers and exporters, the official added.
Source:China Daily