WTO: China escalates 301 tariff dispute, U.S. continues 232 retaliation fight
China this week escalated its World Trade Organization dispute with the U.S. over Section 301 tariffs on $250 billion worth of Chinese goods as the U.S. continued to challenge other countries’ retaliation for its Section 232 tariffs on aluminum and steel. At Monday’s Dispute Settlement Body meeting, China made a second request for the establishment of a panel to address the 301 tariffs. The U.S. blocked the first request, but cannot block a second. The U.S. first imposed Section 301...