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U.S. appeals WTO ruling on its multi-billion tariffs on China

Published 10/26/2020, 08:33 AM
Updated 10/26/2020, 08:35 AM
© Reuters. FILE PHOTO: Logo is pictured outside the WTO headquarters in Geneva

GENEVA (Reuters) - The United States lodged an appeal on Monday against a WTO ruling last month that found U.S. tariffs imposed on China in 2018 breached global trade rules, a World Trade Organization (WTO) official said.

A three-person panel had ruled that Washington had not justified why the tariffs imposed after a Section 301 investigation against China were a justifiable exception to its obligations.

The U.S. delegation, in a speech seen by Reuters announcing its appeal, said that the panel report "reflects a major, missed opportunity for the WTO to begin to address the most serious problem faced by every member that seeks a balanced and fair world trading system: namely, aggressive, state policies that seek to dominate broad industrial sectors."

Latest comments

WTO cares only about trade which is in its name. If a gove companies use gov money to dominate broad industrial sectors, it doesnt care. China gov companies dominate the country.
Lets not forget purposely dropping a virus on the world!
In this day and age, one can't speak truth and logic in the same sentence. It will likely bring censure. Good thing you're not located in China, you would have been hauled off to a torture camp inside of 5 mins.
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