Beijing administration applied to World Trade Organization

Beijing administration applied to World Trade Organization
  • 06.04.2018
  • 25 kez okundu

The Beijing administration believes that the US will be able to issue customs tariffs for Chinese products

He applied to the World Trade Organization (WTO).

Written statements made by the WTO, China’s complaint filed

It has been reported that it initiated the “Mechanism of Conflict Resolution” (AHM).

President of the United States, Donald Trump, worth $ 50 billion 1300 Chinese origin

plans to bring 25 percent additional customs tariff to the product, violate the relevant rules of the WTO

Beijing administration, which advocates the need for consultation between the parties for the solution

Found.

China’s consultation request, which is the first step of the ECH,

You have to answer in. Within 30 days from the date of application

the consultation period foreseen to start is not a decision taken contrary to the parties

it is expected to be completed within 60 days.

The US does not respond to China’s request for consultation within 10 days, or

In case the consultations can not be reached within 60 days,

The second phase of the AHM will require the establishment of a panel within the framework.

– Trump management started, China’s response was delayed

The developments seen as the beginning of a trade war between the US and China,

Trump management, imported steel and alumina last month, respectively 25 percent and percent

It started with 10 additional customs taxes.

At the beginning of this month,  added additional customs for Washington’s steel and aluminum products

in response to the tax, to US products from 128 to 15 percent between 25 percent and tariff

the decision was taken.

Immediately after this development, the US administration, China, American companies

irregular activities aimed at seizing technology and intellectual property

for importing 1300 Chinese origin goods with 25 percent additional customs duty

he explained that he planned.

In general,  defense, aerospace and manufacturing sectors list,

nuclear reactors, thorium and uranium compounds, iron-steel, aluminum and their

alloys containing metals, gas turbines, furnaces, air and gas liquefying machines, lactic

yeast, some medicines and vaccines.

The Beijing administration was quick to respond to this move, which the US only targeted at China.

China’s Ministry of Commerce, the US $ 50 billion worth of products imported 25 percent

customs tax will be brought.

China’s retaliatory list includes whiskey, cigars, tobacco, beef, plastic, wheat, electric vehicles,

chemicals, tobacco, automotive, aircraft and soybeans 106 American

enamelled product.

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