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China Seeks to Retaliate Against U.S. Over Dumping Violation

  • Beijing wants to take action against $7 billion of U.S. goods
  • The dispute comes as tensions escalate between China and U.S.
Bloomberg business news
China Plans WTO Retaliation on U.S. Anti-Dumping Rules
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China will ask the World Trade Organization this month for permission to retaliate against the U.S. for failure to comply with a dispute ruling that found some of its anti-dumping rules to be illegal.

On Sept. 21, China will ask the Geneva-based organization to sanction trade retaliation against certain U.S. products, according to a Tuesday statement from the WTO. China asked the WTO to approve annual retaliatory trade measures against $7 billion in U.S. goods, according to a separate release.