GENEVA (AP) — China has filed a World Trade Organization complaint challenging U.S. President Donald Trump’s tariff hike on imported steel and aluminum, the trade body said Tuesday.
The tariff spat is one element of a wide-ranging trade dispute between Trump and Chinese President Xi Jinping’s government. Trump also has threatened to increase duties on $50 billion of Chinese goods in a separate conflict over technology policy.
China has requested 60 days of consultations with the United States on the steel and aluminum dispute, according to the WTO. If that fails, the next step could be for Beijing to request a ruling from a panel of trade experts.
Beijing says Trump’s decision to impose additional duties of 25 percent on steel and 10 percent aluminum violate international trade rules.
Steel and aluminum are among Chinese industries in which supply exceeds demand. China’s trading partners complain its mills are exporting their surplus at improperly low prices, threatening jobs in the United States and Europe.
The United States buys little Chinese steel and aluminum following earlier tariff hikes meant to offset what Washington says are improper subsidies to producers. But economists said Beijing responded in order to show it would defend itself.
China’s government issued a $3 billion list of U.S. goods including pork, apples and steel pipes on March 23 that it said might be targeted for retaliation if Trump fails to negotiate a settlement to the dispute over steel and aluminum charges.
The hits just keep on coming …
Make America Grovel Again
We absolutely need to respond to China’s economic predations.
Unfortunately with this mal-administration, we will do almost everything wrong in how best to respond. As with so much with trump, it’s all about the appearance.
His tough guy bluster and China’s full understanding on how to play him, will lead China to some facile accommodation that allows trump to have his “win” (see the lowering of Auto Tariffs; which won’t do much of increasing of US auto exports).
trump will then go about talking about the “great negotiator” and so forth, with likely leaving the US less able to confront China on the real and substantial economic issues that we need to.