World

WTO backs China in trade dispute with US

Posted On: May 22, 2022   |   Posted By: RT

WTO backs China in trade dispute with US

The global trade regulator has issued a decision on China's tariff countermeasures against the United States
The World Trade Organization allowed China this week to retaliate with duties on $645 million worth of US imports per year over Washington's failure to comply with international trade rules. The case is part of a decade-old trade dispute over US anti-subsidy duties on Chinese goods.
The dispute dates back to 2012, when Beijing applied to the WTO to challenge countervailing duties that Washington introduced between 2008 and 2012 on 22 Chinese products, including paper, solar panels, and steel wire. Beijing had initially asked the trade body to award it the right to impose tariffs on $2.4 billion of US goods but later scaled that back to $788.75 million.
“China urges the US to stop looking for excuses and immediately take action to correct its wrongdoings in trade remedy investigations against China,” Gao Feng, the spokesman for China's Ministry of Commerce, said on Thursday, as quoted by the...

Continue reading ...

 








78,000 pounds of infant formula arrives in US

78,000 pounds of infant formula arrives in US

A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis. Read more ...

With New York district maps comes challenges for long-time incumbents

The new political district lines finalized over the weekend in some cases has thrown perennially incumbent elected officials into facing competition - and in a district they... Read more ...

Arsenal vs Everton final score: Gunners score five, finish fifth

Arsenal finishes fifth in the Premier League with 69 points, two behind Tottenham but 11 clear of sixth-place Manchester United. Read more ...

Man Flees Officers in Stolen Car With Kids, Pregnant Woman Inside: Police

Officers tried to pull over the 27-year-old suspect as he drove at 70 miles per hour and made his way in and out of traffic. Read more ...

Omicron patients may develop Long COVID less frequently than those who had...

Is there a silver lining to the current wave? Read more ...

Israel: EU Parliament official focused on Palestine denied entry

Spanish EU parliamentarian was to travel to occupied Palestinian territories with EU lawmakers to review the situation. Read more ...

Lucas: For Biden, courage would be visiting the US border, not touring Asia

Great leaders ride to the sound of the guns. It is an old saying central to the heart of leadership. A great leader shows courage by dealing with danger and disaster, and not... Read more ...

Joey Gallo, Kyle Higashioka test positive for COVID-19

Before their Sunday doubleheader against the White Sox, the Yankees announced that Joey Gallo and Kyle Higashioka tested positive for COVID-19. Both players were placed on the... Read more ...

Severe thunderstorm watch issued for most of New Hampshire

A severe thunderstorm watch is issued for most of New Hampshire. Read more ...

Mehmet Oz, David McCormick's campaigns are already fighting over undated Pa...

Mehmet Oz, David McCormick's campaigns are already fighting over undated Pa. mail ballots as Senate primary recount looms

The legal fight for every single vote in Pennsylvania's Republican Senate primary has begun. Read more ...