The WTO agrees with China and considers that the tariffs imposed by the United States violate international laws

USA 2020 elections: looting and rioting in Philadelphia over the death of another black man at the hands of the police

The victim's family says he had mental problems. Police say he shot because he had a knife. Hundreds of protesters called for...

Change in plans: Santa Claus and elves are not among the first in the United States to receive coroner vaccination

According to the previous plan, those who appeared in the United States as Santa Claus, Santa Claus, and elves would have been among the...

“The media creates an image of my husband that I do not recognize”

The first lady of United States, Melania Trump, She went out on Tuesday to campaign for her husband for the first time alone...

US 2020 elections. Nearly half of 2016 voters have already voted

More than 70 million Americans have already voted in the US presidential election, more than double the total turnout in the previous 2016 elections,...

China swelled its corona muscles again: five million people were tested for a single infection

The 17-year-old country girl received a positive corona test result on Saturday. The completely asymptomatic case confused the authorities because all 800 colleagues...

The World Trade Organization (WTO) determined today that the tariffs imposed by United States to China in 2018 and 2019, one of the main fronts in the trade war between the world’s two largest economies, are excessive and violate international laws.

The tariffs imposed by Washington “are not consistent with the WTO Most Favored Nation principles, and exceed maximum rates agreed by the US “before the body, underlines the decision taken by a panel of experts at the request of China, which took the case to Geneva in April 2018.

In June of that year, the US Government imposed 25% tariffs on exports Chinas worth $ 50 billion, and in September dictated another 10% (increased to 25% in May 2019) to more exports from China, worth $ 200 billion.

Tariffs, which China replied with similar tariffs against American products, they were imposed from Washington alleging bad practices of the Asian country in terms of technology transfer and intellectual property.

According to the WTO, The United States has failed to justify why these fees could exceed the limits set by the Geneva-based organization.

The organization’s panel also ruled that the bilateral negotiations between Beijing and Washington had not achieved a “mutually satisfactory solution” to resolve the dispute, as the United States defended so that the conflict would not be brought into the WTO.



Related Articles