Trade War: China ๐Ÿ‡จ๐Ÿ‡ณ Wins ๐Ÿ’ช Case to Sanction US Trade with $3.6 Billion ๐Ÿ‡บ๐Ÿ‡ธ Trade War: China ๐Ÿ‡จ๐Ÿ‡ณ Wins ๐Ÿ’ช Case to Sanction US Trade with $3.6 Billion ๐Ÿ‡บ๐Ÿ‡ธ - Perusedaily | Credible News Hub

Trade War: China ๐Ÿ‡จ๐Ÿ‡ณ Wins ๐Ÿ’ช Case to Sanction US Trade with $3.6 Billion ๐Ÿ‡บ๐Ÿ‡ธ



China just secured the World Trade Organization’s pass to impose $3.6 billion in sanctions against the U.S., in a case that predates the tariff war between the world’s two largest economies but may add a layer of tension to ongoing talks.

The ruling also comes as the US is mounting an assault on the WTO’s dispute resolution system, with the current terms of two of the final three judges on its appellate body due to expire in December and Washington blocking new appointments. The Trump administration is likely to cite the case as an example of what it sees as the overreach of the WTO’S dispute system.

China now can ask the WTO’s dispute settlement body to authorize retaliatory tariffs on US goods. Such requests are typically granted.

The next steps for the U.S. include amending its illegal anti-dumping restrictions on the Chinese products in question, or resolving the dispute directly with China -- a move that theoretically could happen as part of the broader trade-war talks between Washington and Beijing.

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