Wednesday, 17 October, 2018

China says USA solar tariffs violate trade rules, lodges WTO complaint

Turkey US conduct 29th round of patrols in Manbij China says US solar tariffs violate trade rules, lodges WTO complaint
Lindsey Cook | 17 August, 2018, 16:55

"Country was built on Tariffs, and Tariffs are now leading us to great new Trade Deals - as opposed to the awful and unfair Trade Deals that I inherited as your President", Mr. Trump tweeted.

US President Donald Trump approved in January recommendations to impose a safeguard tariff on solar imports of 30% that will be reduced to 25% in the second year, 20% in the third, and 15% in the fourth. "Other Countries should not be allowed to come in and steal the wealth of our great United States of America".

The Trump administration previously defended the tariffs on solar cells and modules as being in line with WTO rules.

Despite Trump's praise, The Journal notes that, though some some steelmakers are expanding production in the USA, other US manufacturers are still dependent on imported metals.

China has responded to such measures with retaliatory tariffs against the U.S. But Trump said the tariffs are working, according to The Journal, and pointed to steel companies opening new U.S. plants as justification.

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On April 2, China hit back by adopting tariff hikes on 128 US items, including pork, sparkling wine, nuts, and fresh and dried fruit products. In order to protect its trade interests, China has deemed necessary to resort to the WTO dispute settlement mechanism.

WTO complaints begin with negotiations between parties to the dispute.

Earlier, Beijing filed a separate WTO challenge on July 16 to Trump's proposal for yet another round of increases that would add 25 percent import duties on an additional $200 billion of Chinese goods.

The United States and China have slapped tit-for-tat tariffs on tens of billions of dollars worth of goods from each country, with another round of levies scheduled to being next week. On the same day, Turkey's imposition of tariffs on 266.5 million dollars of USA goods took effect.

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