Politicians in the US have stepped up their criticism of what they see as China's undervalued exchange rate in recent weeks, raising new fears that the argument could lead to a trade dispute.
WTO and its trade dispute settlement body, have support powerful legal safeguard mechanism which for maintain international economic order and solve international trade dispute in the world.
Since the mechanism to settle a dispute under the WTO’s condition was established,it has successfully solved many international trade disputes.
Early this month, the WTO appointed a special panel to investigate the US-EU steel trade dispute.
ing to resolve trade disputes;
The WTO organizes trade negotiations and settles trade disputes.
Claim for trade dispute
Europe is poised to extend anti-dumping duties on Chinese and Vietnamese footwear after Germany, Austria and Malta changed their positions in the keenly watched trade dispute.
The WTO dispute settlement system is a new, distinctive and organized system aiming to settle international trade disputes in a peaceful way.
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