16/September/2020
According to AP News report, the World Trade Organization said Tuesday that Trump administration tariffs on Chinese goods totaling more than $200 billion are illegal under the rules of the global trade body.
In its decision, the WTO ruled against the Trump administrationās argument that China has engaged in practices harmful to U.S. interests, on issues including intellectual property theft, technology transfer and innovation.
The ruling, in theory, would allow China to impose retaliatory tariffs on billions worth of U.S. goodsāif the process is completed. But the U.S. government can appeal the decision announced by the WTOās dispute settlement body, and the WTOās appeals court is currently no longer functioningālargely because of Washingtonās single-handed refusal to accept new members for it..
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