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China Lodges Tariff Case at WTO Against US


FILE - U.S. customer shops at Walmart, which has warned along with other major U.S. businesses, that prices for shoppers will rise due to higher tariffs on goods from China.
FILE - U.S. customer shops at Walmart, which has warned along with other major U.S. businesses, that prices for shoppers will rise due to higher tariffs on goods from China.

China has lodged a case against the United States with the World Trade Organization (WTO) over U.S. import duties, the Chinese commerce ministry said on Monday.

The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday - including footwear, smart watches and flat-panel televisions - as China began imposing new duties on U.S. crude, the latest escalation in a bruising trade war.

The latest tariffs actions violated the consensus reached by leaders of China and the U.S. in a meeting in Osaka, the commerce ministry said in the statement. China will firmly defend its legal rights in accordance with WTO rules, it said.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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