The Chinese government on Monday formally requested “dispute consultations” with the United States over the Trump administration’s imposition of USD 16 billion in tariffs on Chinese goods last week. China has responded with similar taxes on US goods. Its request to the World Trade Organization opens a 60-day period for the two countries to hold talks.
China already is holding talks with the US about its previous tariffs on both Chinese steel and aluminum products and over alleged Chinese violations of US intellectual property protections. All told, the administration is preparing tariffs on USD 200 billion in Chinese products. China has vowed to retaliate on American goods worth USD 60 billion.