The "unilateral nature" of U.S. "Section 301" is revived and now challenging the foundation of the rules-based multilateral trading system, said a Chinese diplomat in Geneva, Switzerland on Friday during a meeting of Dispute Settlement Body of the World Trade Organization (WTO).
The Chinese diplomat Yu Benlin delivered a statement at the WTO, outlining China's concerns regarding the U.S. Section 301 conclusions on China's alleged violations of intellectual property rights and proposed measures, including imposing additional tariffs on Chinese imports.
On the same occasion, Pakistan and Russia expressed serious concern over the impact that the U.S. actions could have on the global trading system.
Other members, including Brazil, India and Norway, also shared the concerns about unilateral trade measure. The EU said the best way to address the matter was through the multilateral trading system.
The United States on April 3 announced tariffs on a proposed list of Chinese goods worth 50 billion U.S. dollars, covering industries in aerospace, information and communication technology, robotics and machinery.
The list was authorized by the U.S. Trade Representative's office, which in August 2017 initiated an unfounded investigation under the Section 301 of the U.S. Trade Act of 1974 to probe China's intellectual property and technology transfer practices.
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