Posted on 09/15/2020 10:02:42 AM PDT by BenLurkin
In its decision, the WTO’s dispute settlement body ruled against the U.S. government’s argument that China has wrongly engaged in practices harmful to U.S. interests on issues including intellectual property theft and technology transfer.
The U.S. tariffs target two batches of Chinese products. Duties of 10% were imposed on some $200 billion worth of goods in September 2018, and were jacked up to 25% eight months later. An additional 25% duties were imposed in June 2018 against Chinese goods worth about $34 billion in annual trade.
The Trump administration has justified the sanctions under Section 301 of the Trade Act of 1974, once a common tool used by the U.S. government to impose sanctions — and recently revived by Trump. The U.S. argued that China’s actions had amounted to “state-sanctioned theft” and “misappropriation” of U.S. technology, intellectual property and commercial secrets.
The WTO panel ruled that the U.S. measures violated longstanding international trade rules because they only applied to products from China, and that Washington had not adequately substantiated its claim that the Chinese products hit with the extra duties had benefited from the allegedly unfair Chinese practices.
(Excerpt) Read more at ktla.com ...
Let me help.
F the WTO.
How’s that?
Well said.
Get the US out of the WTO.
We are sovereign, anyway.
We already pulled out, so too bad.
I agree also!
The WTO is free to try to enforce its orders
I wonder what they would ‘decide’ to call it if we just closed all of our ports to Chinese imports all together.
Time to get out of the WTO as well.
Defund the WTO.
There is no World organization above the USA that can make laws that bind the USA. If soros had his way there would be.
I seriously don't think President Trump or the American People (at least those of us who are still reasonably intelligent) really give a F*** what the WTO thinks or does.
The WTO doesn’t tell sovereign nations what their laws will be.
The US ALWAYS loses at the WTO, it’s stacked with Orks from the “developing” nations who think we deserve to lose.
Most intelligent nationalists opposed us joining this Globalist Government body back when it was started for this very reason. It’s WORSE then the UN if that’s possible.
The WTO serves China and Gates.
The ugly women hate the pretty woman and want to kill her.
Cry, complain and bitch, Trump cares less. America first!
What are they going to do, kick the US out of the WTO????
EVERYONE wants to sell into the US.
EVERYONE then has to play by MAGA rules
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