Thursday, September 24, 2020

The WTO said the US did not provide evidence that its claims of China's unfair technology theft

The World Trade Organization has ruled that tariffs the US imposed on Chinese goods in 2018, triggering a trade war, were "inconsistent" with international trade rules.

The WTO said the US did not provide evidence that its claims of China's unfair technology theft and state aid justified the border taxes.

Chinese officials welcomed the ruling.

But the US said it showed that the WTO was "completely inadequate" to the task of confronting China.

Ambassador Robert Lighthizer, America's top trade negotiator, said the US "must be allowed to defend itself against unfair trade practices".

"This panel report confirms what the Trump Administration has been saying for four years: The WTO is completely inadequate to stop China's harmful technology practices," he said.

"Although the panel did not dispute the extensive evidence submitted by the US of intellectual property theft by China, its decision shows that the WTO provides no remedy for such misconduct."


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