China has officially filed a dispute with the World Trade Organization (WTO) against tariffs imposed by former U.S. President Donald Trump on Chinese imports. The Geneva-based trade body confirmed the action as tensions between the two economic superpowers continue to escalate.
China Fights Back Against U.S. Tariffs
Trump’s tariffs targeted goods from China, Mexico, and Canada, with the justification of curbing the influx of fentanyl and addressing illegal immigration concerns. While tariffs on Canadian and Mexican exports were temporarily frozen in exchange for enforcement commitments, the 10% tariff on Chinese exports remained in place, prompting China to take legal action.
In a formal statement submitted to the WTO, China argued that the tariffs violated U.S. commitments under the global trade agreement.
“China reserves the right to introduce further measures and claims during the consultation process and in any future panel establishment request,” the statement read.
This latest dispute adds to the ongoing U.S.-China trade war, which has seen both countries impose retaliatory duties on billions of dollars’ worth of goods.
Canada Seeks Trade Diversification Amid U.S. Tensions
In response to Trump’s threats and the broader trade uncertainty, Canadian leaders are taking steps to reduce the country’s economic dependence on the U.S. Prime Minister Justin Trudeau announced a high-level meeting in Toronto this Friday, bringing together business executives, labor unions, and policymakers to explore strategies for diversifying trade and strengthening Canada’s economy.
Currently, the U.S. accounts for 75% of Canada’s total exports, a reliance that has sparked calls for a more diversified trade approach.
“This meeting is about building a long-term prosperity agenda,” Trudeau stated, emphasizing the need for a more resilient economic strategy.
