ANNOUNCED AS TEMPORARYNo
On 29 March 2018, China submitted a notification under article 12.5 of the WTO Safeguard Agreement on the decision to suspend concessions and other obligations stipulated in said agreement. The proposed suspension follows the imposition of tariffs on imports of certain steel and aluminium goods by the United States on 23 March 2018, see related state acts.
As China does not view the measures imposed by the United States for reasons of national security, rather that these are safeguard measures, the country reserves its right to suspend concessions towards the United States.
China hereto stated that: "Without prejudice to the effective exercise of its right to suspend substantially equivalent concessions or other obligations referred to in Article 8.2, China reserves its right to effectuate the proposed suspension immediately and adjust the products as well as the tariff rates."
Following the suspension of concessions and other obligations, China imposed substantially equivalent concessions in the form of import tariffs on goods from the United States listed in the WTO notification, see related intervention.
Notably, five other countries also notified the WTO of suspending concessions and other obligations in reaction to the imposition of steel and aluminium duties by the United States, see related state acts.
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