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

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 previously claimed that it could ask the WTO to approve annual retaliatory trade measures against $8.4 billion in U.S. goods. The WTO ruled in 2017 that the U.S. actions were illegal and an arbitrator called for compliance by Aug. 22. On Aug. 27, the U.S. acknowledged that it had not fully complied and said it “continued to consult with interested parties on options to address the recommendations” of the dispute settlement body, according to a statement. Read more here