ANI |
Update: June 12, 2021 8:47 AM STI

Tokyo [Japan], June 12 (ANI): Japan has filed a complaint with the World Trade Organization (WTO) over anti-dumping duties imposed by China on its stainless steel products, claiming tariffs of up to 29 percent violate international trade rules.
Japan on Friday requested consultations with China under the WTO Agreement Regarding China’s Measure Imposing Anti-Dumping Duties on Stainless Steel Products, which has been in place since July 2019.
In July 2019, China began imposing anti-dumping (AD) duties on stainless steel products imported from Japan, the Republic of Korea, Indonesia and the EU, claiming that its domestic industry was suffering a injury as a result of the dumped imports of these products.

According to the country’s Ministry of Economy and Trade, Japan considers the anti-dumping measure to be inconsistent with the General Agreement on Tariffs and Trade (GATT) and with the Agreement on the Implementation of the Article VI of the General Agreement on Tariffs and Trade 1994 due to flaws in the Chinese authorities’ determination and investigative procedures.
Japan has repeatedly called on China to abolish the anti-dumping measure at the WTO and in bilateral meetings, but has failed to resolve the issue. Therefore, he requested consultations under the WTO Agreement.
The total value of stainless steel exports from Japan to China is about 70 billion yen per year, of which exports of products subject to the anti-dumping measure is about 9.2 billion yen (both figures are from 2019 ). (ANI)