China wins!

2022-05-30 0 By

According to the Ministry of Commerce, on January 26, 2022, the Arbitral Tribunal of the WORLD Trade Organization (WTO) issued a ruling on China’s countervailing measures against the United States, concluding that China can impose $645 million of trade retaliation against the United States every year in the field of goods trade because the United States fails to comply with the effective WTO ruling.The outcome of this case is of great significance for correcting the us’s illegal countervailing practices, safeguarding the legitimate trade interests of Chinese enterprises and defending the multilateral trading system.This is the second time that China has received trade retaliation against the US at the WTO.China previously received $3.579 billion in annual trade retaliation against the U.S. in a WTO dispute over anti-dumping measures.China urges the US side to stop looking for any excuses and take immediate actions to correct its wrongdoings in the trade remedy investigation against China.Source news broadcast duty editor Guli click on the picture below to enter “;”Real-time Map of Novel Coronavirus Infections in China””I saw my mom get hit time and time again, but I couldn’t do anything about it,” she said, trying to find an answer for her 15-year-old self. “I wasn’t wrong.