Commerce Secretary Gary Locke Statement on China’s Decision to Remove Discriminatory Taxes on Imported Auto Parts
By admin - Posted on September 2nd, 2009
Tagged: Asia
• Automotive
• Automotive industry
• China
• Commerce Dept.
• Gary Locke
• Imports
• Taxes
• Trade
• World
• WTO
September 1, 2009 -- WASHINGTON—U.S. Secretary of Commerce Gary Locke welcomes news that, effective today, China will remove the discriminatory taxes it has been imposing on imported auto parts. China had until September 1 to come into compliance with a WTO ruling that China’s auto policies were inconsistent with WTO rules.
The United States, along with Canada and the European Union, had welcomed that ruling. China’s Commerce Ministry and other government agencies announced action today abolishing the discriminatory taxes.
“I welcome China’s announcement to bring this aspect of its import regime into compliance with its WTO obligations and stop discriminating against U.S. auto parts exports. The Department of Commerce will continue to vigorously monitor all foreign countries' compliance with trade obligations to ensure U.S. workers and firms reap the benefits from our trade agreements.”
Source: Commerce Dept.
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