Longview Auto Sales

Posted onJanuary 16, 2012 - 6:27 pm by Admin | 0 Comments

A promise to abide by World Trade Organization (WTO) rules was one of the prerequisites that enabled China to join the WTO in 2001.

Seven years later, the WTO has ruled that China continues to break trade rules by taxing imported auto parts at the same rate as foreign-made cars.

Unfortunately, international trade consultants expect slow progress in resolving this dispute. The WTO often takes years before authorizing retaliatory sanctions to correct unfair trade tariffs in the global trade arena.


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