WTO says China can place duties of US$645mil on US imports


BEIJING (China Daily/Asia News Network): The World Trade Organization's ruling that authorises China to impose US$645 million of compensatory tariffs against the United States is a victory for multilateralism and free trade, and highlights the failure of the US to abide by WTO rules that it's obliged to follow, experts and business leaders said on Thursday (Jan 27).

Their comments came after the trade body decided on Wednesday to allow China to impose the tariffs.

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China , WTO , US , imports , duties

   

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