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WTO

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U.S. plans to file a complaint at the World Trade Organization over Chinese limits on exports of rare earths used in high-tech products, deepening a trade dispute between the world’s two largest economies. It seems rash and unfair for the U.S. to file a complaint against China before the WTO, which may hurt economic relations between the world’s largest and second-largest economies. This makes it obvious that China won’t hesitate to defend its legal rights in trade disputes.

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China plans to impose additional duties on U.S. auto imports. China’s commerce ministry believes that vehicles were being dumped in the Chinese market, substantially hampering China’s domestic market. Shen Danyang, Ministry of Commerce spokesman, believes that this move is fair and based on the law.

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