What They Say
The WTO ruled that tariffs imposed by the Trump administration in the US on Chinese imports were a violation of international rules.
What We Think
After this announcement, Trump said “Then we’ll have to do something about the WTO because they’ve let China get away with murder,” according to Reuters, so there is no likely early resumption to tariff-free trading. Joe Biden is reported to be unlikely to be able to ease the tariffs even if he wins the election in November. A number of his supporters like the idea of barriers although he has been positive about free trade in the past. (BR)
