US Says WTO Rules ‘Inadequate’ After Group Sides With China in Dispute

US Says WTO Rules ‘Inadequate’ After Group Sides With China in Dispute

A picture taken in Geneva shows the logo of the intergovernmental WTO headquarters on Feb. 5, 2024. Fabrice Coffrini/AFP via Getty Images

The World Trade Organization (WTO) issued findings on Jan. 30 that upheld China’s claims that certain U.S. tax credit programs discriminated against Chinese products, drawing strong criticism from the U.S. Trade Representative (USTR).
“This panel report highlights what the Trump Administration has been saying for years: existing WTO rules are inadequate to address massive and harmful excess capacity in numerous sectors, including in energy technology,” USTR Jamieson Greer stated.
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Original News Source Link – Epoch Times

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