WTO Angers Trump Administration With Ruling On China Tariffs
September 16, 2020
8:15 am
The World Trade Organisation has left the Trump administration fuming after it ruled that the United States breached global trading rules by imposing multibillion-dollar tariffs in trade war with China.
The Trump administration argued its tariffs imposed two years ago on more than $200 billion in Chinese goods were justified because China was stealing intellectual property and forcing U.S. companies to transfer technology for access to China’s markets.
But the WTO’s three-member panel said the U.S. duties broke trading rules because they applied only to China and were above maximum rates agreed to by the United States.
Washington had not …
