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WTO allows china to impose trade sanctions on US' goods

by VTV403 November 2019 Last updated at 15:00 PM

VTV.vn - On Friday, the World Trade Organization allowed China to impose sanctions on up to $3.6 billion US goods annually because Washington has not eliminated its anti-dumping duties.

China had previously asked the WTO to allow tariffs on more than $7 billion on US goods. However, the WTO arbitration panel estimated that the number of losses China will suffer each year due to the US' imposition of anti-dumping duties is only half of Beijing's estimation.

Washington argues that the WTO does not base its judgment on economic analysis.

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