35 minutes agoChina sues the United States
Periskopi(8 years ago)
(8 years ago)China has launched complaining procedure at the World Trade Organisation on the US decision to impose new customs taxes on Chinese goods, the Chinese Trade Ministry announced. “Kina has launched a complaint procedure at the World Trade Organization for placing customs duties on Chinese goods worth $16 billion,” says in [...]
“Kina has launched a complaint procedure in the World Trade Organisation for establishing customs duties on Chinese goods worth $16 billion,” said in the statement.
The US today presented new customs duties for certain Chinese goods, for which Beijing took reciprocal measures.
In mid - June, the United States posted a 25 - percent fee for goods from China that affected nearly a tenth of Chinese exports to the U.S. The new measures will affect the import of Chinese goods containing a relevant industry technology worth $50 billion.
China immediately announced it would impose a 25 per cent import obligation in 659 types of goods imported by the US.
