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.