U.S. targets non-market economies in draft WTO decision
The Trump administration this week escalated its fight against China at the World Trade Organization, proposing a draft General Council decision that would confirm the WTO’s commitment to “market-oriented policies” while criticizing non-market policies it has previously attributed to China. The U.S. has frequently argued that China’s economy is a hotbed of non-market policies and has labeled China a non-market economy in its antidumping investigations. Washington’s criticisms have made their way to the WTO, with the U.S. taking up the...