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Appeals organization ‘opening closure’ with US boycott
Distrust in the WTO and pressure to withdraw is likely to increase
The logo at the entrance to the headquarters of the World Trade Organization in Geneva, Switzerland. Geneva = Reuters Yonhap News
The World Trade Organization (WTO) raised the hand of the Chinese side and said that the US ‘tariff bomb’, which triggered the trade war between the United States and China, violated regulations. However, not only are actual sanctions difficult, the state of the Donald Trump administration is also not expected to be affected, so the assessment that it is just a ‘paper victory’ is dominant. On the contrary, there is growing concern that the United States may only threaten to withdraw from the WTO and incite conflict between the two countries.
On the 15th (local time), the first WTO test panel ruled that the additional tariffs of 234 billion dollars (27.6 trillion won) imposed by the United States on products made in China in 2018 did not comply with trade regulations. It is unfair that the United States imposed tariffs only on China and violated the long-standing rule that “trade policy must apply equally to all member states.” At the time, the Trump administration imposed punitive tariffs on the basis of “ Section 301 of the Commerce Act, ” which was virtually privately cited for issues such as infringement of China’s intellectual property rights and improper payment of government subsidies, which ignited the trade war.
Abroad, the United States strongly opposed it. US Trade Representative Robert Lightheiser (USTR) said in a statement today that “it is completely inappropriate” and “the United States should be able to defend itself against unfair trade practices.” Following the WTO bias, the Trump administration threatened not to allow China to use the WTO to use American workers, companies, farmers, ranchers, etc. However, it also showed refraining from expanding its expansion, saying: “It will not affect the first phase of the bilateral trade agreement, which includes China’s new and enforceable promise to prevent technology theft.”
The Daily Washington Post interpreted it as “a case that marked a diplomatic failure in Trump’s approach to ‘America first.’ This is because the “retaliatory tariff”, which the United States has been applying against each country as an impeachment report, is the first judgment to show that it is an irrational number outside of international trade practices. Indeed, throughout his tenure, President Trump did not hesitate to push China and allies like Europe and Canada on high-tariff card trade.
However, from the Trump administration’s point of view, there seems to be nothing to lose both the facts and the justification as a result of the WTO decision. The Bloomberg News devalued, saying: “It was a victory on paper for China, but it was not as significant as the United States has already dismantled the appeals process and left the WTO lame.” The Appellate Body hearing, which is the final decision of the WTO, is conducted by three members per case. As the United States announced a boycott of the Appeals Committee appointment, it has been closed since December last year for lack of a quorum. This means that even if the United States appeals, it is difficult to make a final decision with proper procedures.
Furthermore, the United States has not recognized the value of the WTO from the beginning. Since his inauguration, President Trump has argued that he will step down unless WTO reform is implemented. In August last year, he also discussed the possibility of retirement during his tenure. There is no obligation to follow the decisions of incredible international organizations. It is also noted that China’s retaliatory measures against the United States were not reckless and were taken as a factor that reduced confidence in the judgment. “Beijing did not wait for the WTO trial to solve the problem on its own,” said Chad Bowun, senior fellow at the Petersen Institute for International Economic Policy.
As a result, many analyzes say that this ruling only strengthened the Trump administration’s willingness to withdraw from the WTO. He warned: “I am not an avid admirer of the WTO,” he said, saying, “Since the WTO has allowed China to do whatever it wants, we too will have to do something.” “There is no winner in this dispute,” Bloomberg said. The United States, China and even the WTO are all losers. “
Kang yubin reporter [email protected]
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