BR100 Increased By (0.41%)
BR30 Increased By (0.52%)
KSE100 Increased By (0.36%)
KSE30 Increased By (0.46%)
BECO 5.71 Decreased By ▼ -0.02 (-0.35%)
BML 57.21 Decreased By ▼ -0.09 (-0.16%)
BOP 36.83 Increased By ▲ 0.06 (0.16%)
CNERGY 8.36 Decreased By ▼ -0.03 (-0.36%)
DCL 11.87 Decreased By ▼ -0.17 (-1.41%)
FCCL 58.73 Increased By ▲ 0.12 (0.2%)
FCSC 5.10 Increased By ▲ 0.09 (1.8%)
FFL 18.23 Increased By ▲ 0.29 (1.62%)
FNEL 1.26 No Change ▼ 0.00 (0%)
HUMNL 11.35 Decreased By ▼ -0.07 (-0.61%)
KEL 8.32 Increased By ▲ 0.03 (0.36%)
KOSM 6.62 No Change ▼ 0.00 (0%)
MLCF 107.20 Decreased By ▼ -1.09 (-1.01%)
NBP 208.70 Increased By ▲ 2.66 (1.29%)
PACE 11.20 Increased By ▲ 0.03 (0.27%)
PAEL 45.22 Decreased By ▼ -0.13 (-0.29%)
PIAHCLA 30.39 Decreased By ▼ -0.38 (-1.23%)
PIBTL 18.88 Decreased By ▼ -0.18 (-0.94%)
PPL 247.80 Increased By ▲ 1.85 (0.75%)
PRL 36.37 Increased By ▲ 0.29 (0.8%)
PTC 74.05 Increased By ▲ 1.69 (2.34%)
SEARL 96.08 Decreased By ▼ -0.59 (-0.61%)
SSGC 31.33 Decreased By ▼ -0.34 (-1.07%)
TELE 9.25 Decreased By ▼ -0.02 (-0.22%)
THCCL 68.14 Increased By ▲ 0.33 (0.49%)
TPLP 11.51 Increased By ▲ 0.28 (2.49%)
TREET 25.80 Decreased By ▼ -0.09 (-0.35%)
TRG 67.98 Increased By ▲ 0.14 (0.21%)
WAVES 11.34 Increased By ▲ 0.36 (3.28%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)
World

China says WTO report proves U.S. has been breaking international rules

  • The WTO ruled that additional tariffs imposed by the United States against China in 2018 were inconsistent with global trading rules
Published September 16, 2020 Updated September 16, 2020 04:00pm
By

China's Foreign Ministry said on Wednesday (September 16) that a ruling by the World Trade Organization (WTO) proved the United States had been breaking international trade rules.

The WTO ruled that additional tariffs imposed by the United States against China in 2018 were inconsistent with global trading rules.

Foreign Ministry spokesman Wang Wenbin told a press briefing that China hoped the United States would respect the ruling.

Meanwhile in Hong Kong, the territory's Secretary of Commerce and Economic Development, Edward Yau, said the Hong Kong government objected to U.S. requirements that Hong Kong products must be labelled "made in China".

"The basic reason for Hong Kong's actions is that such requirements on origin marking go contrary to WTO regulations, and also it infringes on Hong Kong's rights as a separate customs territory, and our rights under the WTO", Yau said.

Yau told media that Hong Kong reserved the right to take action against the U.S. under WTO rules, and that the U.S.'s move "infringes (upon) Hong Kong's rights as a separate customs territory".

Washington's move last month followed China's imposition of a national security law on the former British colony and a U.S. decision to end a special status that had allowed Hong Kong different treatment from the rest of China.

Comments

Comments are closed for this article.