WTO finds US tariffs on China broke trade rules

Sep 16, 2020

WTO finds US tariffs on China broke trade rules

Geneva (Switzerland), September 16: The World Trade Organization says punitive tariffs the United States imposed on Chinese imports two years ago violate international trade rules.
The finding in a report issued Tuesday is the international trade body's first decision concerning the trade conflict between Washington and Beijing.
The Trump administration imposed additional tariffs of 25 percent on goods from China in 2018, citing Section 301 of the US Trade Act.
The US government argued that China had infringed intellectual-property rights by unfairly obtaining advanced technologies from American companies.
Washington's retaliatory action prompted Beijing to file a complaint with the WTO.
The trade body's panel upheld China's claim. It said in the report that US officials failed to explain why the move was justified.
The Chinese ministry of commerce said the ruling was objective and fair, and called on Washington to respect it.
US Trade Representative Robert Lighthizer said the ruling shows that ''the WTO is completely inadequate to stop China's harmful technology practices."
The US government has not yet said whether it will appeal the ruling.
Source: NHK World