US tariff plan ‘contradicts commitment to the WTO’
Print Edition
AMERICA’S latest tariff plan on imports from China contradicts its commitments that such a decision be based only on the World Trade Organization Dispute Settlement Body, said China’s top envoy at the WTO on Monday.
Speaking in Geneva, Zhang Xiangchen, the Chinese ambassador to the WTO, said that what the United States had done contradicts its commitments made at the WTO more than a decade ago.
Zhang said the US had “explicitly, officially, repeatedly and unconditionally confirmed” that it would base a Section 301 decision only on adopted Dispute Settlement Body findings.
Section 301 is a measure that allows the US president to take action if an investigation finds foreign trade practices burden or restrict American commerce or are unreasonable or discriminatory.
“According to the WTO rulings and the US commitment, the US shall by no means determine unilaterally based on a 301 investigation that other members have violated the WTO rules,” Zhang said during a meeting of WTO’s Council on Trade in Goods.
Last Thursday, US President Donald Trump signed a memorandum that could impose tariffs on up to US$60 billion of imports from China.
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