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Thailand officially initiates WTO dispute with Turkey over safeguard rebalancing duty

December 10, 2018 at 5:44 PM
Thailand on Monday requested World Trade Organization dispute consultations with Turkey to address a rebalancing duty Ankara imposed on Thai air conditioner imports last year -- a case with significance for the U.S., which is also facing safeguard rebalancing tariffs imposed by several countries. In 2014, Thailand imposed safeguard duties of 20.87 percent on imports of Turkish non-alloy hot-rolled steel flat products. Turkey responded in 2017 by imposing a tariff of 9.27 percent on Thai air conditioners under Article 8.2...

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