China will sue the United States (US) through the World Trade Organization (WTO) dispute settlement mechanism over latest round of 15% tariffs on US$300 Billion in Chinese imports to the US, the official at commerce ministry said on Monday (Sept 3). Beijing also began imposing new duties on US crude oil.
Starting Sunday (Sept 1), China imposed additional tariffs on some of the American goods on a US$75-billion target list. The extra 5 and 10% tariffs were levied on 1,717 items of a total of 5,078 products originating from America and next on Dec. 15.
