Wednesday, July 6, 2011

U.S. hails victory in raw materials case versus China

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WASHINGTON (Reuters) - The Trade Representative's office on Tuesday welcomed what it called a "significant victory" in a World Trade Organization dispute over Chinese export restrictions on raw materials used for a variety of industrial products.

"China's extensive use of export restraints for protectionist economic gain is deeply troubling," Trade Representative Ron Kirk said in a statement

"Today's panel report represents a significant victory for manufacturers and workers in the United States and the rest of the world," he said.

(Reporting by Doug Palmer; Editing by Sandra Maler)






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