EU criticizes U.S. countervailing probe at the WTO; U.S. knocks Chinese overcapacity

The European Union at the World Trade Organization this week “sharply” criticized a U.S. countervailing duty investigation into imports of an industrial chemical from Germany, arguing it improperly targets the bloc’s Emissions Trading System. The Commerce Department in March launched a CVD investigation into melamine imports from Germany, India, Qatar and Trinidad and Tobago. An antidumping investigation into melamine imports from the same countries, as well as the Netherlands and Japan, was launched simultaneously. The probes were initiated in response...