China says United States solar tariffs violate trade rules, lodges WTO complaint

17 August, 2018, 16:57 | Author: Teresa Adams
  • Turkey US conduct 29th round of patrols in Manbij

Washington announced in January that it was imposing what it called safeguard tariffs over four years a 30 percent tariff in the first year which would be reduced gradually to 15 percent in the fourth year.

Earlier this month, the Trump administration announced it would impose 25 percent tariffs on $16 billion worth of Chinese imports beginning August 23. "Other Countries should not be allowed to come in and steal the wealth of our great United States of America".

But perhaps most worrying for American businesses selling in China, a significant minority of the people interviewed - 14, or 28 percent - want to stop buying American products now, and some say they are already boycotting anything made in the U.S. Others said they would continue to buy American but that could change in the future.

Ben Stokes found not guilty of affray over street fight
Any possible sanction will take into account that Stokes has already missed the Ashes tour as a result of the episode. Stokes was on trial for knocking out two men in the southwest English city of Bristol last September.

China has tried to portray itself as a defender of the WTO's trade system.

China has responded to such measures with retaliatory tariffs against the U.S. But Trump said the tariffs are working, according to The Journal, and pointed to steel companies opening new U.S. plants as justification.

According to the Ministry of Commerce, Beijing wants to determine the legality of United States policies, as they harm China's rights and undermine the authority of the WTO. "We urge the USA side to take practical action, respect WTO rules and abandon its wrong practices, to bring the trade of related products back to normal". If it fails, the case will go to a panel of experts to decide whether the trade controls are illegal. One Chinese executive told Reuters that USA solar tariffs were a "sideshow" and had little effect on Chinese business.

NASA counts down to launch of first spacecraft to 'touch Sun'
It's the fastest any man-made object will have ever traveled and the probe will likely hold that title for a long time. The goal for the Parker Solar Probe is to make 24 passes through the corona during its 7-year mission.

Earlier, Beijing filed a separate WTO challenge on July 16 to Trump's proposal for yet another round of increases that would add 25 percent import duties on an additional $200 billion of Chinese goods.

The two governments have raised tariffs on billions of dollars of each other's goods.

Official death toll still 131 in Indonesia quake
Among other major buildings to collapse were a health clinic, government offices and other public facilities, he said. But some evacuees have complained of being ignored or of experiencing long delays for supplies to arrive at shelters.

Recommended:



Popular

Turkey fires back with tariffs on USA cars, alcohol, cosmetics
The decision came after Qatar's emir, Sheikh Tamim bin Hamad Al Thani, met with Turkish president Recep Tayyip Erdogan in Ankara. China's Ministry of Commerce said it had received an invitation from the United States for talks to be held with U.S.

Turkey to boycott USA electronics, including iPhone
Kalin called on the United States to respect legal process in Turkey in reference to the American pastor's continued detention. The currency's climb followed retaliatory tariffs by Ankara against USA goods including rice, coal and cars.

Oil Falls Amid Rising U.S. Inventories
Official U.S. oil inventory data was due to be published later on Wednesday by the Energy Information Administration. Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016.

USA priests in Pennsylvania 'abused thousands of children'
The grand jury identified 301 predator priests based on secret archives in each of the dioceses involving over 1,000 victims. Twenty of the grand jurors said Tuesday they objected to "any attempts to censor, alter, redact or amend" the report .

Ex-Trump aide Manafort's defence rests, case headed to jury
Gates, Manafort's former business partner, testified last week that he and Manafort did in fact commit bank and tax fraud. This comes as his defense team decided not to present a case on his behalf and did not call up any witnesses.

President Trump calls ex-aide ‘crazed, crying, lowlife dog’
Omarosa was able to dominate the national conversation in the past few days in a way only her former mentor can. She said if she had, she would have "left immediately".

Saudi-Canada dispute will not affect oil supplies: Saudi minister
The Canadian government's dispute with Saudi Arabia has leaders in Saskatchewan concerned about energy and agriculture trading.

Turkey's central bank promises 'all necessary measures' to save its financial system
The unit may reverse its previous falls in the wake of upcoming news and banking regulations imposed by Turkish authorities. Market analysts broadly welcomed his comments but said investors wanted to see action.

Saudi Fund Express Support For Taking Tesla Private: Elon Musk
The sovereign wealth fund of Saudi Arabia is exploring a way to be a part of taking Tesla private, a Bloomberg report states. He also said that by taking the electric vehicle company private it would end "negative propaganda from shorts".

Manchester City make Emery suffer in his Premier League debut
Arsenal manager, Unai Emery has explained why his side lost to Manchester City in their Premier League opener on Sunday evening. Manchester United legend Gary Neville believes Unai Emery needs near three seasons to rebuild the Arsenal squad.