Sep 12, 2018 09:15 PM

China Seeks $7 Billion Sanctions Against U.S. in Dumping Dispute

Photo: VCG
Photo: VCG

* The issue will be discussed at a meeting of the World Trade Organization’s dispute settlement body on Sept. 21

* Currently available data show that the U.S. measures have caused about $7.04 billion in damages to Chinese companies annually

(Beijing) — Beijing is seeking to impose trade sanctions worth around $7 billion on U.S. goods in retaliation for Washington’s failure to comply with a dispute ruling by the World Trade Organization (WTO) in 2017 over the methodology it uses in anti-dumping investigations.

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