The Office of the United States Trade Representative (USTR) said on Wednesday that it is satisfied that the World Trade Organization (WTO) found that China's retaliatory tariffs on American goods are in violation of the organization's trade rules.
"The United States is pleased with the World Trade Organization (WTO) panel report released today, recognizing that the US Section 232 actions on steel and aluminum are security measures, and that the People’s Republic of China illegally retaliated with sham 'safeguard' tariffs," the USTR stated.
Earlier, Beijing expressed dissatisfaction with the decision and once again urged the US to lift tariffs on steel and aluminum imports, insisting they are against the basic principles of the WTO.
