China Complains to WTO Over US Trade Tariffs

Campaign launched in Senegal to support Turkish brands

President TrumpDonald John TrumpDems make history, and other takeaways from Tuesday's primaries Pawlenty loses comeback bid in Minnesota Establishment-backed Vukmir wins Wisconsin GOP Senate primary MORE is claiming that steel tariffs imposed on China and other foreign nations will rescue the us steel industry.

Seoul notified the World Trade Organization (WTO) on April 6 that it will suspend tariff concessions on 480 million US dollars worth of American imports.

On April 2, China hit back by adopting tariff hikes on 128 USA items, including pork, sparkling wine, nuts, and fresh and dried fruit products. USA officials say such action is necessary because the WTO lacks the capacity to deal with China's problematic trade methods.

On May 22, the WTO said Japan, Russia and Turkey warned the United States of retaliatory measures for its steel and aluminum tariffs.

WTO complaints begin with negotiations between the parties to the conflict.

More news: NY University offers free tuition for all medical students

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

Earlier this month, the Trump administration announced it would impose 25 percent tariffs on $16 billion worth of Chinese imports beginning August 23. On the same day, Turkey's imposition of tariffs on 266.5 million dollars of US goods took effect.

The USTR accused China of using state incentives, subsidies and tariffs to increase production and said manufacturers had evaded US tariffs by repeatedly shifting production to new countries.

"While taking protectionist measures against imported photovoltaic products, the USA provided subsidies to domestically produced photovoltaics and other renewable energy products", the ministry said in a statement. At the same time, the European Union lodged its own WTO complaint in June against China's technology policies, which it said violated Beijing's free trade commitments.

Related News:



Most liked

Canadian Marijuana Companies Gamble on Privately Owned Retail Shops
Mulroney stressed that the government will "spare no expense" to protect children from marijuana when it's legalized. Mulroney said at Monday's announcement the government's key objective with the new retail model was public safety.

Manchester City mock Jose Mourinho as a defensive coach in Amazon documentary
De Bruyne had just returned to training August 6 after helping Belgium to the semifinals of the World Cup in Russian Federation . In 2016, he missed 12 games after injuring his right knee during an EFL Cup semi-final victory over Everton .

Ariana Grande has hilarious response to 'crazy' tabloid rumor on 'Carpool Karaoke'
The two ordered their coffees (yes, she ordered a grande latte) and got back in the vehicle to continue their karaoke-ing. While riding around and singing, Corden asked Grande to give an example of silly rumors.

Fox News makes error in Aretha Franklin tribute video
Her records sold millions of copies and the music industry couldn't honor her enough. They said in a statement: 'For more than 50 years, she stirred our souls.

Serena unveils stunning new tutu dress for US Open
Virgil describes it as a pice that "has sort of a ballerina-esque silhouette to symbolize her grace". It's not about bells and whistles and tricks. "I have never worn a tutu", Williams told Vogue .

Sara Ali Khan makes her Instagram debut
Loaded with Oreo, Kit-Kat, Ferrero Rocher and Nutties - Saif's birthday cake could give anyone a chocolate rush. But now, the star kid has given in to her fans' demand and made her presence felt on Instagram.

Elon Musk Avoids Tesla Woes with L.A. Traffic Scheme
If the plan is approved, it would take as long as 14 months to build, the company said, though it expects it would be "much less". The company is now working on an Environmental Impact Report (EIR), as required by the City of Los Angeles.

Sprint partners with LG to launch 5G smartphone in 2019
Incidentally, Sprint is considering a $26 billion merger with rival T-Mobile US as part of its strategy to win in the 5G space. According to the mobile network company, the 5G rollout will bring faster and more reliable internet speeds to its customers.

Mayo Clinic in Rochester Ranked #1 Hospital In State & Nation
Phoenix Children's Hospital was nationally ranked in 10 specialties and was the state's only children's hospital to be recognized. Some of the adult specialties ranked are 1st for urology, 2nd for rheumatology and 3rd for both orthopedics and pulmonology.

Supporters Raise Nearly $200,000 For Fired FBI Agent Peter Strzok
Trump has repeatedly been critical of Mueller and Strzok on Twitter in attempts to discredit the investigation. Clinton was cleared in the probe. "It is a total Hoax", Trump said of the Russian Federation investigation.

One Park, One Day, 41 Overdoses
The Drug Enforcement Administration is assisting with the investigation and will send drug samples to a federal lab for analysis. Three more overdoses were reported at the Green Tuesday night, but officials could not confirm whether they were related.

James Gunn Not Rehired for Guardians of the Galaxy Vol. 3
Despite the best efforts of his friends and the cast of Guardians of the Galaxy , it seems Disney will not rehire James Gunn . The sources also said that Marvel president Kevin Feige was out of town and wasn't present at the meeting.

Turkey court rejects new appeal to release detained USA pastor
Erdogan refused to relent, leveling the retaliatory measures on USA products and urging his citizens to reject American products. Brunson's lawyer told CBS News that a higher court was still considering the appeal and could overrule that decision.

How Chelsea could line up against Arsenal
Cech, 36, insisted he is comfortable with a new style of play under Emery which places an emphasis on playing out from the back. Emery's backroom staff are said to be in agreement with the Spaniard.

China printing currencies for countries like Nepal, Lanka and B'desh
According to South China Morning Post, India is one among the many countries that have outsourced currency printing to China . Opposition says BJP-led government compromising national security, financial sovereignty; government denies report.