China Complains to WTO Over US Trade Tariffs

Randal Sanchez
August 17, 2018

China's Ministry of Commerce said the 30 percent tariffs announced in January violates WTO rules.The fees also apply to imports of solar cells and units from Europe, Canada, Mexico and South Korea, Increasing strained relations with United States allies.

"[Competition will be] internal, like it used to be in the old days when we actually had steel, and U.S. Steel was our greatest company", Tump told The Journal.

But perhaps most worrying for American businesses selling in China, a significant minority of the people interviewed - 14, or 28 percent - want to stop buying American products now, and some say they are already boycotting anything made in the U.S. Others said they would continue to buy American but that could change in the future.

Beijing said the USA measures are suspected of violating trade rules and that it would turn to the WTO's dispute resolution mechanism to protect its interests. This led to complaints that it undermined the World Trade Organization. China filed a complaint with the WTO to help determine the legality of the US policies, saying they not only harm China's rights but also undermine the WTO's authority, according to Reuters.

Trump's latest boost to the dollar: U.S.-Turkey spat
United Kingdom -based online travel agent Travel Republic says bookings to Turkey increased by 21 percent in the last three days. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4%, a day after it hit its lowest level in a year.

Both the safeguard and the subsidies "have seriously damaged China's trade interests", said the spokesperson, before adding: "We urge the United States to take concrete actions, respect the rules of the WTO, and abandon the wrong practices so that the relevant trade can be restored to normal track".

WTO complaints begin with negotiations between the parties to the conflict.

The two governments have raised tariffs on billions of dollars of each other's goods.

Earlier, Beijing filed a separate WTO challenge on July 16 to Trump's proposal for yet another round of increases that would add 25 percent import duties on an additional $200 billion of Chinese goods. On the same day, Turkey's imposition of tariffs on 266.5 million dollars of US goods took effect.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER