China Files WTO Complaint About U.S. Tariffs
China has filed a complaint with the World Trade Organization about the Trump administration’s threatened import tariffs on $200 billion worth of Chinese goods.
#economics
China has filed a complaint with the World Trade Organization about the Trump administration’s threatened import tariffs on $200 billion worth of Chinese goods.
The 10% tariff, which was announced last week, targets 6,000 items and won’t go into effect until September or later. The levy follows a 25% tariff on $34 billion in Chinese goods that began on July 6.
China’s one-sentence statement about its unusually prompt complaint doesn’t indicate the country’s legal position in challenging the latest U.S. tax.
Last week, China criticized the previous-round U.S. tariffs as protectionist and bullying, putting them in violation of WTO rules about the U.S.’s most-favored-nation status as well as “the spirit and principles of international law.”RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.