World trade group is likely to investigate Trump’s China tariffs


Feb 01, 2019

“Tension between the U.S. and China is about to get more complicated, with the World Trade Organization ready to investigate President Donald Trump’s tariffs on $250 billion worth of Chinese goods.

On Monday, the Geneva-based arbiter of trade disputes is likely to begin an inquiry into whether the U.S. duties violate a requirement that all WTO members give each other the same tariff treatment, as China asserts.

The investigation comes at a delicate moment between the world’s two largest economies. A new round of trade talks is scheduled to begin on Jan. 30, and if a deal isn’t reached by March 1, the Trump administration has threatened to raise the tariff rate on more Chinese goods to from 10 percent to 25 percent.”

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