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US not complying with India steel ruling: WTO
A World Trade Organisation panel ruled on Friday that Washington had failed to fully comply with a five-year-old ruling in a dispute over import duties on Indian steel products.
Geneva
India first filed its complaint at the WTO in 2012, after Washington imposed duties of nearly 300% on imports of products including carbon-quality steel pipes, after complaining that Indian steel manufacturers were benefitting from unfair subsidies. The global trade body then ruled in 2014 that the duties constituted a breach of global trade rules, and ordered Washington to bring its practices into line. But India complained that Washington was failing to comply with that ruling.
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