Trump administration blasts WTO ruling on China
The Trump administration blasted a World Trade Organization decision Tuesday that could let China levy sanctions on the United States.The 2-1 decision by the WTO's appellate body was actually a mixed verdict in a case that dates back to 2007 and is unrelated to the tariffs the administration has slapped on $250 billion in Chinese goods.In its final decision, the WTO agreed with the U.S. that China lets state-owned enterprises (SOEs) subsidize Chinese firms by providing components at unfairly low
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