WASHINGTON, D.C.: The Trump administration has confirmed it rejects China’s bid to be considered a market economy in the World Trade Organization (WTO), making it subject to more onerous trade penalties.
In a 41-page legal document presented to the WTO, the US Trade Representative (USTR) defended its right to consider China a non-market economy when ruling on how to handle a flood of cheap imports from the manufacturing behemoth and protect domestic industry.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.