China files WTO complaint against US taxation measures


China files WTO complaint against US taxation measures

China has filed a World Trade Organization (WTO) complaint against U.S. taxation measures, according to an announcement released by the Chinese Ministry of Commerce on Thursday.

Under Section 301, the U.S. has implemented additional tariffs on $16 billion worth of Chinese imports.

By launching the complaint under the WTO dispute settlement mechanism, China is safeguarding free trade and multilateral mechanisms as well as its legitimate rights and interests, a MOFCOM spokesperson said in an online statement earlier Thursday.

By willfully imposing the tariffs on Thursday, the U.S. has obviously violated WTO rules, according to the statement.

“China firmly opposes it and has to once again take necessary countermeasures,” it said.

China’s tariffs on $16 billion U.S. goods took effect at 12:01 p.m. BJT simultaneously with the U.S. initiating additional 25 percent tariffs on a similar amount of Chinese goods at 12:01 a.m. EDT (0401 GMT) on Thursday, according to Customs Tariff Commission of the State Council.

The Chinese government criticized Thursday’s U.S. increase as a violation of World Trade Organization rules and said it would file a legal challenge.

A foreign ministry spokesman, Lu Kang, declined to give details of the Washington talks.

“We hope the U.S. side will get along with us to strive for a good result from the talks with a reasonable and practical attitude,” Lu said.

Story by CGTN with additional information from The Associated Press.