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China and the United States filed a WTO suit Customs measures violated summit meeting = Ministry of Commerce-Reuters News-International

2019-09-02T16:34:29.083Z

[Hong Kong / Geneva 2nd Reuters]-China filed a suit with the World Trade Organization (WTO) for the US's launch of the fourth tariff measure against China. The Chinese Ministry of Commerce revealed on the 2nd. The Ministry of Commerce reveals details of the complaint



[Hong Kong / Geneva 2nd Reuters]-China filed a suit with the World Trade Organization (WTO) for the US's launch of the fourth tariff measure against China. The Chinese Ministry of Commerce revealed on the 2nd.

The Department of Commerce has not disclosed the details of the complaint, but the US measures will affect $ 300 billion of Chinese products. Pointed out that the agreement was violated. China said it would protect its rights in accordance with WTO rules.

This is the third case in China over the Trump administration's customs measures.

The Trump administration launched the fourth sanctions duty on China on September 1. The additional tariff on imports from China worth approximately $ 300 billion will be 15%, and some will be postponed on December 15. When the measure is fully implemented, all imports from China will be subject to sanctions duties. [nL3N25T06A]

As a retaliation measure, China will impose additional tariffs on some $ 75 billion worth of products imported from the United States. Of the total 5078 items, an additional duty of 5-10% will be imposed on 1717 items on September 1st. The rest will be activated on December 15th. [nL3N25S0B6]

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Source: asahi

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