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US loses multi-billion dollar court cases against China and India

 
Em18966
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07/16/2014 10:54 AM
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US loses multi-billion dollar court cases against China and India
"The World Trade Organization agreed on Monday this week to side with claims against the United States made by both China and India concerning US-imposed tariffs on products exported to America.

In both instances, the WTO ruled against the US and decided in favor of the major BRICs countries, who for two years now have each asked the organization to intervene and weigh in on America’s use of tariffs to tax certain imports dating back to 2007.

With regards to both cases, the WTO’s judges ruled that the US acted “inconsistent with its agreement on subsidies and countervailing duties,” or taxes imposed on goods sold by “public bodies.” "

[link to rt.com]
Anonymous Coward
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07/16/2014 10:59 AM
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Re: US loses multi-billion dollar court cases against China and India
does this "Her" bot do 900 calls too?
Anonymous Coward
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Hungary
07/16/2014 11:00 AM
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Re: US loses multi-billion dollar court cases against China and India
angry Wiccan rant in 3,2,1...
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