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2020.09.16 21:35 entry
2020.09.16 21:36 edit
2nd exam … Declared withdrawal statusCadastral map of the limitations of the ‘documentary judgment’
The World Trade Organization (WTO) assisted China in the tariff dispute between the United States and China. On the 15th (local time), the Dispute Settlement Organization corresponding to the first court of first instance of the WTO ruled that the US administration Donald Trump imposed a 25% tariff on products made in China that did not comply with trade regulations . However, it is noted that President Trump has already refused to appoint a member of the WTO Appellate Body and has revealed his willingness to withdraw, so it will only be a written decision.
According to Bloomberg News, the first WTO test panel found that it violated international trade regulations when the United States imposed tariffs of up to 25% on products made in China worth approximately $ 234 billion (approximately 276 trillion won). from 2018 to 2019.. The WTO noted that, in fact, the US tariff measures applied only to China, and that the United States could not prove that China violated intellectual property rights.
In 2018, the United States started the ‘US-China trade war’ by imposing additional tariff measures on China in accordance with Article 301 of its own trade law due to unfair government subsidies and China’s intellectual property infringement. China opposed this and filed a complaint with the WTO, and in January last year, the WTO installed a panel.
The Associated Press said: “This ruling is the first ruling by the WTO on tariffs imposed by the Trump administration on goods in other countries.”
The United States immediately opposed the WTO decision. US Trade Representative Robert Lightheiser (USTR) said: “It shows that the WTO cannot prevent China from distorting the international trade order and damaging the US economy.” I will not allow it. “On the other hand, China’s Ministry of Commerce said in a statement that” we want the United States to respect the WTO decision and take practical steps to maintain the multilateral trading system. “
It is also interpreted that China only had a “paper victory”. Although China has laid the legal foundation for countermeasures against the United States, China has already imposed retaliatory tariffs on the United States. The United States can appeal within 60 days under WTO rules, but it is not known when the second trial will take place. When the Trump administration announced a boycott of the appointment of the WTO appeals committee, the appeals body has been closed since last December. Bloomberg News noted that “the WTO dispute resolution procedure consists of two trials, but the appeals body has ceased to function,” and said: “It is difficult for it to be effective just because of the trial of the first trial panel.” The media predicted there will be no major changes in the Trump administration’s trade policy, as President Trump has referred to the ‘withdrawal from the WTO’ before taking office.
