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29 May, 2018 12:30

US to continue trade actions, litigation at WTO against China – White House

The United States warned on Tuesday that it will continue pursuing action on trade with China, days after a tentative solution to the dispute was announced, Reuters reports. By June 15, Washington will release a list of some $50 billion worth of Chinese goods that will be subject to a 25-percent tariff, the White House said in a statement. The US will also continue to pursue litigation against China at the World Trade Organization. By the end of June, the US will announce investment restrictions and “enhanced export controls” for Chinese individuals and entities “related to the acquisition of industrially significant technology.”