China can hit US with sanctions worth $3.58 billion, says trade body

China can hit US with sanctions worth $3.58 billion, says trade body

A WTO panel said on Friday that China was entitled to slap compensatory sanctions on U.S. imports worth $3.58 billion annually for the U.S. failure to remove anti-dumping duties. In the WTO ruling, an arbitration panel said Chinese exporters suffered impairment to trade valued at $3.58 billion annually.

pennydreadful
pennydreadful
T3hGladiator
T3hGladiator 3 months

I dare ye. Seriously I actually want to see what Trump would do, I'm sure it would be funny. Also I think China need USD more than I need Chinese made garbage, and I'm willing to try.

Nicholas Noel
Nicholas Noel 3 months

China can do a lot of things... and?

Mitchell
Mitchell 3 months

We don't need your cheap ripoff Chinese crap anyways.

FirstCensorshipThenJail
FirstCensorshipThenJail 3 months

WTO needs to rethink this or it is finished as an meaningful organization. Just because the very same companies sit as the judges being blackmailed by china does not mean those companies should kow tow and render ridiculous decisions that are counter to the evidence. Just another example of Wall Street not working for you but for the objectives of the Chinese Communist Party. https://youtu.be/rzgeCe4Y2oQ There is a war going on and you are losing.

Hannibal
Hannibal 3 months

The WTO is useless. If the US loses in a WTO decision we comply. If any other country loses they simply claim national interests and defy the ruling.

Steven
Steven 3 months

Here’s a thought .... let’s just make everything ourselves and give the Chinese government the finger ..... the trigger finger to be precise

T.N. Morgan
T.N. Morgan 3 months

Fucking do it then. You don't have the balls. Taiwan numba wan!

Lew Carnell
Lew Carnell 3 months

Note this 'awarded' amount is less than the amount China was seeking.

Petri Fide
Petri Fide 3 months

Sounds like the WTO was paid off

michael zubas
michael zubas 3 months

the WTO deff works on behalf of China, to allow such a Dumping system to be in place.

jollyroger822
jollyroger822 3 months

And imagine what would happen to China if we would ban all Chinese goods.

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