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China can impose subsidies on US imports up to $3.5 billion a year, WTO arbitration panel rules

( November 1, 2019, 17:55 GMT | Official Statement) -- MLex Summary: China may impose subsidies on US imports up to $3.579 billion annually as a result of the United States' failure to comply with a World Trade Organization ruling regarding the US use of certain methodologies in antidumping investigations involving Chinese products, WTO arbitration panel has ruled. In particular the rulings found fault in the US use of the weighted average to transaction methodology with zeroing in cases of "targeted" dumping, and the treatment of multiple Chinese exporters as a single government-controlled entity. China has orginally requested to target more than $7 billion worth of US goods with antisubsidy duties.See document attached: ...

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