China defends auto parts duties, deplores WTO probe

Newswire

By Chris Buckley BEIJING, Oct 27 (Reuters) - China defended its import duties on auto parts on Friday, deploring the World Trade Organization's decision to launch a panel to hear U.S. and European complaints that the duties are unfair protection. The WTO announced on Thursday that a panel would examine claims that China is improperly shielding its $19 billion auto parts market through a 25 percent tariff on components for cars, trucks and other vehicles. The reaction from China's ...

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