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China Demands US Lift Steel, Aluminum Tariffs After WTO Ruling -- Commodities Roundup

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Update time : 2023-08-17 20:36:25

China Demands U.S. Lift Steel, Aluminum Tariffs After WTO Ruling

China's Commerce Ministry has demanded the U.S. immediately lift tariffs imposed on Chinese steel and aluminum products after the World Trade Organization ruled in favor of Washington against Beijing in the nations' tariff dispute.

A WTO dispute settlement panel said Wednesday that China acted "inconsistently" with the WTO obligations by imposing additional duties on some U.S. imports in response to U.S. tariffs on steel and aluminum.

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