WTO Faults US Over Trump's China Tariffs
Geneva, Sept 16 (UrduPoint / Pakistan Point News - 16th Sep, 2020 ) :The World Trade Organization has upheld a complaint by China over additional US duties on some $250 billion of Chinese goods, a decision that sparked outrage in Washington.
But a panel of experts -- set up by WTO's Dispute Settlement Body last year to review the US move -- ruled Tuesday the tariffs on Chinese goods were "inconsistent" with global trade rules, and recommended the US "bring its measures into conformity with its obligations".
But Beijing welcome the move as an "objective and fair ruling".
"China also hopes that the United States will fully respect the rulings of the expert group...take practical actions to meet China and other WTO members half way, jointly maintain the multilateral trading system, and promote the stable and healthy development of the world economy," a spokesman from the commerce ministry said.