WTO says Washington broke trade rules with China tariffs, US angered by ruling

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Americans had claimed the tariffs were justified because China was stealing intellectual property

The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump’s trade war with China, a ruling that drew anger from Washington.

The Trump administration says its tariffs imposed two years ago on more than $200 billion in Chinese goods were justified because China was stealing intellectual property and forcing US companies to transfer technology for access to China’s markets.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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