WTO Rules China Can Hit U.S. With $3.6 Billion In Retaliatory Tariffs

The US imposed nearly $3.6 billion in sanctions on China due to anti-dumping tariffs, which are fees applied when imports are priced below fair market value. The WTO allows such tariffs but criticized the US for applying them too broadly. China can now seek WTO approval for retaliatory tariffs on US goods, though the issue might be resolved in a broader trade deal.

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