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With key provisions of China's WTO Accession Protocol expiring within two months, the European Commission appears set to table a proposal that would no longer label China as a non-market economy but still leave open the option to use price and cost data from third countries in antidumping cases if market distortions are found.

The economic effect of China being treated as a market economy by the Commerce Department in antidumping cases is unclear as trade law practitioners are divided on the ramifications of such a change in status.

The American Iron and Steel Institute, a key lobbying force for the steel industry, has two key issues on its policy agenda: getting the G20-initiated 'Global Forum' on overcapacity officially in motion before the Obama administration leaves office, and ensuring the U.S. continues to refuse to recognize “market economy status” for China. 

The European Commission's toolbox to maintain significant AD duties on Beijing after key provisions of its World Trade Organization Accession Protocol expires in just under two months has been greatly diminished due to a final legal defeat at the World Trade Organization in a dispute over the legality of using third-country data to establish AD duties, expert sources told Inside U.S. Trade.

The United States' case against China over its use of domestic subsidies will likely affect the World Trade Organization's larger negotiations on domestic support in agriculture, but it is still unclear if that impact will help or hurt the talks, according to WTO-Director General Roberto Azevedo.