China asks WTO for US$2.4bil sanctions against US in latest clash


U.S. President Donald Trump said on Monday that work on a U.S.-China trade agreement was coming along well. On Friday he said a trade deal between the world's two largest economies will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17. (File pic shows Trump and China's President Xi.)

GENEVA: China is seeking US$2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the global trade body.

The WTO's Dispute Settlement Body (DSB) will review the case which dates back to the Obama-era on Oct. 28, a document published on Monday showed.

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China , US , trade , war , WTO , sanctions , Geneva , tariffs ,

   

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