Trade war. China uses the WTO against Trump's new duties
The United States has decided on new duties for 112 billion dollars on Chinese products. From September 1st the new 15% rates were taken on a series of Chinese products, including clothes, shoes and appliances
- New American duties are in force from today to 15% of about 112 billion dollars of Chinese products
- US-China, Trump confirms new import duties
- Lunge of China, Trump replies: he again strongly re-launches the war of duties
- China responds to Trump: new duties on 75 billion dollars of US imports, including cars
- China threatens "countermeasures" to the war of duties. Trump: slip will help consumers
Shareby Tiziana Di Giovannandrea 02 September 2019The commercial conflict between the United States and China is enriched with a new page. China has lodged an appeal with the WTO against the United States for the latest duties imposed by Washington in Beijing despite the fact that from September 1 the new crossed customs tariffs have started.
Beijing has decided to file an appeal to the World Trade Organization against the US for the latest duties imposed by Washington. According to the Beijing Ministry of Commerce, the United States would have violated the agreement reached by US President Donald Trump and Chinese President Xi Jinping in the bilateral meeting held at the G20 in Osaka in late June, according to which the negotiators of the two countries would have to restart the business negotiations.
China, the Ministry explained in a note, will firmly defend its legal rights, the multilateral system of trade and the order of international trade in accordance with the WTO rules.
From Sunday 1 September, the United States has launched new 15% tariffs on a series of Chinese products - including clothes, shoes, appliances and flat-screen televisions - and on the same day Beijing has begun to impose new duties on cars and crude oil US.
This means that while Washington applies a rate of 15% on 112 billion dollars for a whole series of goods imported from Beijing, China, for its part, has raised duties on some US products including seeds from 5% to 10%. of soy, cars and oils, for a turnover of around 75 billion dollars.
The commercial tug of war between the United States and China has been going on for 18 months.
Meanwhile, Chinese media, quoting advisers from the Beijing government, according to reports from the South China Morning Post say that China must resist the United States and not give in to pressure: "If China appears weak and makes concessions it will make a historical mistake", they have affirmed the professor of International Relations of the Renmin University of China, School of Business, Jin Canrong and Sun Xihui, researcher at the Chinese Academy of Social Sciences. "Facing strong pressure and bullying behavior, being weak and taking a step back will not lead to the desired results. We can only protect the nation's and people's interests with a rational reaction and at the right pace". The position of the experts - concludes the South China Morning Post - is therefore to abandon "an attitude that glorifies and fears" the United States and instead be determined to "continue the struggle until victory is achieved".