WTO Says U.S. Tariffs On China Don't Align With Its Trade Rules

WTO Says U.S. Tariffs On China Don't Align With Its Trade Rules

Assessment

Interactive Video

Business

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The video discusses US tariffs on over $200 billion of Chinese goods, which China claims violate WTO rules. A WTO panel agreed, stating the US unfairly targeted China. The US argues the tariffs are necessary due to China's intellectual property theft. The ruling affects $234 billion of US tariffs, but the WTO's appellate system is currently non-functional, limiting the ruling's impact. The US can appeal, but it's unlikely to succeed. China may seek to impose tariffs on the US if no changes occur.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason China filed a complaint with the WTO against the US tariffs?

The tariffs were inconsistent with WTO rules.

The tariffs were too high.

The tariffs were imposed on all countries.

The tariffs were beneficial to China.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much of the US tariffs on Chinese goods does the WTO ruling affect?

$500 billion

$370 billion

$100 billion

$234 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the US trade representative's criticism of the WTO?

The WTO is too strict.

The WTO is inadequate to stop harmful trade practices.

The WTO supports unfair trade practices.

The WTO is biased towards China.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the WTO's appellate system currently unable to function?

Disagreements among member countries

Technical issues

US blocking the appointment of new judges

Lack of funding

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could China potentially do if the US does not appeal or change its tariffs?

Negotiate directly with the US

Impose tariffs on other countries

Ignore the WTO ruling

Request the WTO to impose tariffs on the US