China defeats the U.S. in trade war dispute

A World Trade Organization (WTO) jury has supported China in its dispute with the United States over tariffs imposed by the White House in 2018 as part of a large-scale trade war, Bloomberg reported.

As stated in the decision, Washington has not been able to prove that the charges on Chinese exports of $400 billion are justified and comply with international rules.

However, Beijing's victory is unlikely to affect the further development of events, since the United States has the right to appeal within two months. At the same time, due to the fact that Washington has been blocking the appointment of arbitrators for several years, the Court of Appeal can no longer make a decision, and the original verdict will not enter into force.

US Trade Representative Robert Lighthizer, commenting on this decision, recalled that the White House presented the WTO with evidence of the theft of intellectual property by China, and the judges did not challenge them in any way.

Thus, the official stressed, the WTO does not provide any remedies against such illegal actions, and its decision will not affect the negotiations of the countries in any way. In turn, the Chinese Ministry of Commerce expressed the hope that Washington will recognize the verdict since the WTO plays a key role in organizing international trade.

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