China Challenges U.S. Tariffs with New WTO Complaint
China has lodged a new complaint with the World Trade Organization (WTO) against the U.S. over an additional 50% tariff on Chinese goods. This move signifies escalating trade tensions, as China seeks to address what it views as unfair trade practices by the United States.
- Country:
- Switzerland
China has taken its trade dispute with the United States to the World Trade Organization, filing a fresh complaint against recent U.S. tariff increases. The Chinese Mission to the WTO affirmed the move in a statement released on Wednesday.
This complaint targets an additional 50% tariff imposed by the U.S. on a range of Chinese products, mirroring ongoing trade tensions between the two economic powerhouses.
These developments underscore the growing strain in U.S.-China trade relations as both nations grapple with the impact of protective tariffs on their economies.
(With inputs from agencies.)
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