The World Trade Organization, in ruling for China, bares its toothless gums (via latimesopinion)
Even as it was negotiating a deal, however, China was also pursuing the WTO’s help in lifting the U.S. tariffs, which led to Tuesday’s ruling. While the U.S. had the right to impose tariffs to protect against intellectual property theft, the panel found, it couldn’t simply try to coerce China into submission. The tariffs had to fall on products and services related to the industries affected by China’s improper behavior.
Jeffrey Schott, a senior fellow at the Peterson Institute for International Economics and a former trade negotiator for the U.S., is no fan of Trump’s tariffs. But he agreed with Lighthizer on that point, saying, “the WTO rules are inadequate to address the Chinese practices that distort trade and investment.”
Still, the U.S. was really in a no-lose position here. By blocking appointments to the WTO panel that hears appeals, the United States has ensured that it — or any other country facing sanctions by the WTO — merely has to appeal an adverse decision, where it will be stuck in limbo, Schott said.
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