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Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Sawmilling / Wood flooring / Wood Products / Wood-based panels / China / Global / North America
September 18, 2020

WTO says that US’ tariffs on China broke global trade rules

WTO says that US’ tariffs on China broke global trade rules
The World Trade Organization has ruled that tariffs the US imposed on Chinese goods in 2018, triggering a trade war, were "inconsistent" with international trade rules.    The WTO said the US did not provide evidence that its claims of China's unfair technology theft and state aid justified the border taxes.    Chinese officials welcomed the ruling.    But the US said it showed that the WTO was "completely inadequate" to the task of confronting China.    Ambassador Robert Lighthizer, America's top trade negotiator, said the ...

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