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China Wins WTO’s Permission to Impose $3.6bn in Sanctions Against US

in International Business

China Wins WTO’s Permission to Impose $3.6bn in Sanctions Against US

The World Trade Organization (WTO) has given China the go-ahead to impose $3.6 billion in sanctions against the United States of America.

The amount is roughly half the amount China had sought as retaliatory tariffs on imported US goods for buying levitra online usa the US failure to remove anti-dumping duties. Yet, it is best price for levitra the third highest damages awarded by the Geneva-based organization in its history.  

China had suffered over $7 billion in damages annually due to US anti-dumping duties which were daily cialis ruled illegal by a WTO panel in 2016 and later upheld. The Chinese authorities therefore requested permission to retaliate and impose generic soft viagra tariffs by the same amount, as allowed under WTO rules.

The issue was sent to arbitration after the Trump administration objected to the amount.  


Tags assigned to this article:
China sanctions against USUS China Trade War

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