The World Trade Organization on Wednesday gave Brazil 90 days to withdraw several industrial stimulus programs, supporting complaints of unfair competition by Japan and the European Union, a decision the government will appeal.
If proven that dumping has caused material injury to the domestic players, the product would attract dumping duty to a degree that would compensate for the loss incurred by domestic industry in the last many years.
The Commerce Department has postponed its final determinations for the antidumping and countervailing duty investigations into softwood lumber imports from Canada until Nov. 14.
BRICS countries should safeguard trade rules and strive to strike a balance between free trade and domestic interests amid setbacks in globalization, a Chinese official said Tuesday.