U.S. Violated Trade Rules With Tariffs on China, WTO Says

[Judi Lynn]

7. WTO says U.S. tariffs on Chinese goods violated international trade rules

Amanda Macias 8 hrs ago

The World Trade Organization ruled Tuesday that additional tariffs imposed in 2018 by the United States on Chinese goods violated international trading rules, a blow to the Trump administration's trade war against the world's second-largest economy.

A three-person panel of WTO trade experts said Washington broke with global regulations in 2018 when it slapped more than $200 billion in levies on a slew of Chinese goods. Since March 2018, the United States has imposed tariffs on $400 billion in Chinese exports.




© Provided by CNBC US President Donald Trump and Chinas Vice Premier Liu He, the country's top trade negotiator, hold a press conference before they sign a trade agreement with the US and China during a ceremony in the East Room of the White House in Washington, DC on January 15, 2020.

NEW YORK — The World Trade Organization ruled Tuesday that additional tariffs imposed in 2018 by the United States on Chinese goods violated international trading rules, a blow to the Trump administration's trade war against the world's second-largest economy.

A three-person panel of WTO trade experts said Washington broke with global regulations in 2018 when it slapped more than $200 billion in levies on a slew of Chinese goods. Since March 2018, the U.S. has imposed tariffs on $400 billion in Chinese exports.

More:
https://www.msn.com/en-us/money/markets/wto-says-us-tariffs-on-chinese-goods-violated-international-trade-rules/ar-BB194glM?li=BBnb7Kz

(He's smooth, isn't he? Look at that professional "poker face." )