WTO launches investigation into Trump’s China tariffs
(VOVWORLD) - The World Trade Organization announced Monday it will investigate the tariffs President Trump slapped on 250 billion USD worth of Chinese goods, as China and the US prepare to meet for renewed trade talks.
(Source: iStock)
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The WTO's Dispute Settlement Body (DSB) will appoint a panel of experts to review President Trump's tariff decision. The DSB agreed to launch the probe after China filed a second request for its case to be heard.
China’s representative told the WTO that US tariffs on Chinese goods in 2018 violated WTO regulations and posed a systemic challenge to the world's multilateral trading system. The US representative called China’s claims "nonsense".