US and China Clash Over Trade Practices at WTO
[Asia Economy Reporter Seungjin Lee] On the 27th (local time), the United States and China exchanged sharp words criticizing each other's trade practices at the World Trade Organization (WTO) meeting held in Geneva, Switzerland.
According to foreign media, Li Chenggang, China's ambassador to the WTO, said, "These problematic actions by the United States unilaterally harass others, break rules, and disrupt supply chains, portraying an image of the U.S.."
Maria Luisa Pag?n, the U.S. Special Representative to the WTO (Deputy Trade Representative), criticized China for imposing "illegal and unilateral retaliatory measures" on U.S. exports to China.
Pag?n also expressed dissatisfaction with the WTO, stating, "The WTO's practices of defending China's non-market policies do not benefit anyone."
The meeting was held as the United States appealed the WTO's ruling that U.S. tariffs on foreign steel products violated regulations.
Last December, the WTO issued a series of unfavorable decisions against the United States regarding trade disputes between the U.S. and China related to measures taken during the Trump administration.
Hot Picks Today
"Please Teach Us the Technology"—Korea Once Sought Help from Japan... Now Threatens the Origin Country After 65 Years [Advance of K-Ramen]①
- Half-Year Salary Hits 184 Million Won—Not Samsung or SK hynix: Which Company Tops Pay Rankings?
- President Lee Responds to Property Tax Reform Criticism: "Attacking Policy Based on a Limited Perspective"
- Born in 1990 With White Hair?..."Is It Dye or Gray Hair?" Spotlight on Yong Hyein's Bangs
- "Acting for 60 Seconds Earns 52 Million Won"... The True Identity of the Drama Protagonist Who Took Jobs from Actors
The WTO ruled that the U.S. administration's tariffs on foreign steel and aluminum, including those from China, violated trade regulations. It also judged that the U.S. government's measure requiring products made in Hong Kong to be labeled as "Made in China" violated international agreements.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.