Sunday, January 21, 2018

US 'erred' in supporting WTO membership for China, Russia: USTR

US 'erred' in supporting WTO membership for China, Russia: USTRChina and Russia have shown no intention of living up to World Trade Organization rules and Washington should not have supported their membership in the global trade body, the Trump administration said Friday. In strongly worded reports to Congress, the US Trade Representative delivered a laundry list of grievances over unfair trade practices by Beijing and Moscow it says runs counter to global free trade rules. "This practice is incompatible with the market-based approach expressly envisioned by WTO members and contrary to the fundamental principles of the WTO," Lighthizer said in a statement.




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