본문 바로가기
bar_progress

Text Size

Close

US and China Clash Over Trade Practices at WTO

US and China Clash Over Trade Practices at WTO [Image source=Reuters Yonhap News]

[Asia Economy Reporter Seungjin Lee] On the 27th (local time), the United States and China exchanged sharp words criticizing each other's trade practices at the World Trade Organization (WTO) meeting held in Geneva, Switzerland.


According to foreign media, Li Chenggang, China's ambassador to the WTO, said, "These problematic actions by the United States unilaterally harass others, break rules, and disrupt supply chains, portraying an image of the U.S.."


Maria Luisa Pag?n, the U.S. Special Representative to the WTO (Deputy Trade Representative), criticized China for imposing "illegal and unilateral retaliatory measures" on U.S. exports to China.


Pag?n also expressed dissatisfaction with the WTO, stating, "The WTO's practices of defending China's non-market policies do not benefit anyone."


The meeting was held as the United States appealed the WTO's ruling that U.S. tariffs on foreign steel products violated regulations.


Last December, the WTO issued a series of unfavorable decisions against the United States regarding trade disputes between the U.S. and China related to measures taken during the Trump administration.


The WTO ruled that the U.S. administration's tariffs on foreign steel and aluminum, including those from China, violated trade regulations. It also judged that the U.S. government's measure requiring products made in Hong Kong to be labeled as "Made in China" violated international agreements.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


Join us on social!

Top