US wins WTO ruling against China grain import quotas

The United States won a World Trade Organization (WTO) ruling on Thursday against China's use of tariff-rate quotas for rice, wheat and corn, which the US argued limits market access for its grain exports.

The case, filed by the Obama administration in late 2016, marks the second US victory in many months. It came amid US-China trade talks and on the heels of Washington winning a WTO ruling in March on China's price support for grains. A WTO dispute panel ruled on Thursday China's administration of the tariff rate quotas (TRQs) as a whole violated its obligation to administer them on a transparent, predictable and fair basis.

Source: VOV5