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World Trade Organisation Backs US In Tyre Dispute With China
Date: 12/13/2010
Written By: Wall Street Journal, By Tom Barkley

Excerpt: In a high-profile case, the World Trade Organisation has sided with the US over tariffs the Barack Obama imposed last year on Chinese tyres. The decision is likely to stoke tensions in coming US-China trade talks... Trade experts say the US is unlikely to consider any complaints using the so-called section 421 safeguard against China again, since the remedy expires in December 2013. Both sides have 60 days to appeal the ruling. "My guess is that they will react angrily to the decision, and then it will probably go away," said Bill Reinsch, president of the National Foreign Trade Council, which represents multinational corporations. He said the decision was no surprise since the legal issues involving the safeguard are clear.