China has lodged a complaint against the United States at the
World Trade Organization over U.S. import duties, the Chinese Commerce Ministry
said on Monday, September 2.
The United States began imposing 15% tariffs on a variety of
Chinese goods on Sunday and China began imposing new duties on U.S. crude oil,
the latest escalation in their trade war.
China did not release details of its legal case but said the
U.S. tariffs affected $300 billion of Chinese exports.
China will defend its
The latest tariff actions violated the consensus reached by
leaders of China and the United States in a meeting in Osaka, the Commerce
Ministry said in the statement. China will defend its legal rights in
accordance with WTO rules, it said.
The lawsuit is the third Beijing has brought to challenge U.S.
President Donald Trump’s China-specific tariffs at the WTO, the international
organization that limits the tariffs each country is allowed to charge.
Trade frictions negatively affect US companies
operating in China
trade frictions between the world's two largest economies are negatively
impacting U.S. companies operating in China. A survey conducted by the
U.S.-China Business Council (USCBC) showed that nearly half of the respondents
report lost sales and ceding market share to foreign competitors, and 37
percent of respondents indicate lost sales in China as a result of the trade