WTO Rejects U.S. Appeal on Tariffs

A U.S. law that has allowed American companies to collect more than $470 million in anti-dumping duties from the government violates global trade rules, a World Trade Organization panel said.

The WTO rejected a White House appeal of a September ruling that the U.S. has unfairly awarded import duties collected from foreign competitors to companies that won trade complaints, including U.S. Steel Corp.

The ruling backed the contention by the European Union and other nations that governments must keep such tariffs and that distributing the funds to firms encourages them to file trade complaints.