Saturday, 24 May 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > US accuses China of backing away from free-trade commitments
World

US accuses China of backing away from free-trade commitments

Enspirers | Editorial Board
Share
US accuses China of backing away from free-trade commitments
SHARE

WASHINGTON (AP) — The United States has accused China of failing to meet its commitments to the World Trade Organization and says it is exploring new ways to combat aggressive Chinese trade practices.

In its annual report on Chinese compliance with WTO rules, the Office of the U.S. Trade Representative said Wednesday that China isn’t keeping the promises it made to open its markets to foreign competition when it joined the 164-country Geneva-based agency in 2001.

“China has instead retained and expanded its state-led, non-market approach to the economy and trade,’’ said U.S. Trade Representative Katherine Tai. “China’s policies and practices challenge the premise of the WTO’s rules and cause serious harm to workers and businesses around the world.’’

Among other things, the United States repeated longstanding accusations that China uses subsidies and regulations to favor its own companies at the expense of foreign competitors; floods world markets with cheap steel, aluminum and other products; and forces U.S. and other foreign companies to hand over prized technology as the price of access to Chinese markets.

The U.S. report said: “China’s leadership appears confident in its state-led, non-market approach to the economy and trade and feels no need to conform to global norms.’’

The U.S. trade office said it is continuing to talk to China about “obtaining real change in its economic and trade regime.’’ And it is working with allies — and through the WTO — to put pressure on the Chinese government. Without offering specifics, the report said the U.S. is also exploring new ways “to use domestic trade tools strategically as needed in order to achieve a more level playing field with China for U.S. workers and businesses.’’

Voicing similar complaints about China, President Donald Trump slapped taxes on about $360 billion worth of Chinese imports to the United States — tariffs the Biden administration is still imposing.

To reduce tensions, the U.S. and China reached a so-called Phase 1 trade agreement in January 2020. Among other things, the Chinese agreed to step up purchases of U.S. farm exports — benefiting Trump supporters in the American heartland.

But Chad Bown of the Peterson Institute for International Trade calculated in a report last week that China has bought only 57% of U.S. exports it had to committed to purchase.

Share This Article
Twitter Email Copy Link Print
Previous Article Sandy Hook Families Reach Settlement With Gunmaker Remington Sandy Hook Families Reach Settlement With Gunmaker Remington
Next Article California Returns as Climate Leader, With Help From the White House California Returns as Climate Leader, With Help From the White House

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Trump’s Grip on G.O.P. Faces New Strains

About halfway into his Texas rally on Saturday evening, Donald J. Trump pivoted toward the…

By Enspirers | Editorial Board

Zelensky slams UN, urges reform in address to Japan

Ukrainian President Volodymyr Zelensky told Japan's parliament Wednesday that the United Nations had failed over…

By Enspirers | Editorial Board

Prem Rawat Foundation Marks Peace Day 2022 with Initiatives to Make Peace Possible

The Prem Rawat Foundation celebrated the U.N. International Day of Peace with an uplifting new…

By Enspirers | Editorial Board

‘Trump is in the past’: Mounting losses show limits of power

WOODSTOCK, Ga. (AP) — Donald Trump opened May by lifting a trailing Senate candidate in…

By Enspirers | Editorial Board

You Might Also Like

Kids with particular wants in England could lose authorized proper to high school assist
World

Kids with particular wants in England could lose authorized proper to high school assist

By Enspirers | Editorial Board
‘Something has gone very wrong’: how the carers scandal was uncovered
World

‘Something has gone very wrong’: how the carers scandal was uncovered

By Enspirers | Editorial Board
Intense, nerve-racking, pivotal: we’ve seen some agonisingly tight elections, however Bradfield might surpass all of them
World

Intense, nerve-racking, pivotal: we’ve seen some agonisingly tight elections, however Bradfield might surpass all of them

By Enspirers | Editorial Board
Netanyahu accused of slander after criticising Macron, Carney and Starmer
World

Netanyahu accused of slander after criticising Macron, Carney and Starmer

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?