A dispute panel of the World Trade Organization ruled in favor of Taiwan on the country's complaint regarding anti-dumping duties imposed by Canada on some of its steel products, Reuters reported Dec. 22.
The ruling established that Canada had violated the WTO's Anti-Dumping Agreement but that Taiwan had failed to establish some points.
In 2012, Canada imposed duties on carbon steel welded pipe imports from Taiwan, which filed a complaint in the international body in January 2015 after its annual exports of the steel product fell to nearly US$5 million from around US$19 million earlier.
A spokesman for Canadian Trade Minister Chrystia Freeland said the country is studying the ruling to decide whether to appeal, which has to be lodged within 60 days by either of the parties.
Meanwhile, Taiwanese trade officials welcomed the ruling, while an official in the trade negotiation office of country's cabinet said they had requested that Canada revise its laws as their regulations for dumping investigations were problematic. If Canada's appeal is rejected, it will have to amend its rules.
The President of the Canadian Steel Producers Association Joseph Galimberti said the ruling was disappointing and it would not significantly impact the country's steel industry.