The ruling in particular pertains to specific tariffs under U.S.-Chinese trade policy, particularly tariffs on $34 billion of goods in June 2018 as well as $200 billion of goods in Sep. 2018.
Robert Lighthizer, a chief negotiator for the Trump administration on matters of trade, commented on the recent WTO ruling, “This panel report confirms what the Trump administration has been saying for four years: The WTO is completely inadequate to stop China’s harmful technology practices.”
He further added, “The United States must be allowed to defend itself against unfair trade practices, and the Trump administration will not let China use the WTO to take advantage of American workers, businesses, farmers, and ranchers.”
The recent ruling marks another tense moment in U.S.-China relations as ongoing talks over Oracle’s acquisition of TikTok U.S. continue. Furthermore, relations have dipped following the onset of the COVID-19 pandemic.
Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.
