WTO says South Korea imposed illegal tariffs on Japanese steel


Source: nikkei.com nikkei.com

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A car factory in Asan, South Korea: Stainless steel bars are used in items such as industrial machinery and auto parts. © Reuters TAKAKO GAKUTO, Nikkei staff writer December 1, 2020 06:07 JST | Japan Copy Copied TOKYO -- The World Trade Organization sided with Japan on Monday in its dispute South Korea, ruling that Seoul violated trade rules by imposing anti-dumping duties on Japanese stainless steel bars. In a report published that day, a WTO dispute settlement panel said Seoul failed to provide "sufficient factual basis and reasoned and adequate conclusions" on how ending the tariffs could "lead to...