The list was authorized by the U.S. Trade Representative's office, which in August 2017 initiated an investigation under the Section 301 of the Trade Act of 1974 to probe Chinese intellectual property and technology transfer practices.
China has repeatedly said that Section 301 investigation is a unilateral move that violates WTO rules.
"Such unilateralistic and protectionist action has gravely violated fundamental principles and values of the WTO. It serves neither China's interest, nor U.S. interest, even less, the interest of the global economy," the Chinese embassy said in its statement.
Washington's reckless tariff moves are breaking the modern trade rules that had been established by the United States itself with the WTO at the center.
"I think the (U.S.) administration is definitely moving away from the WTO and moving in the direction of the unilateral trade measures," said Henry Levine, senior advisor at leading U.S. consulting firm Albright Stonebridge Group.
Calling the Trump administration's choice "very unfortunate," Levine said it's bad for every country in the world if the WTO loses more effectiveness, "because we do need some rules."
"I think we're all going to be worse off if the WTO were to fall apart because one major country or another totally ignored WTO rules," said Levine.
【国际英语资讯:EU does not support measures that would run counter to WTO law: spokesman】相关文章:
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