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WTO: China may levy over $3bn in annual U.S. trade sanctions

Christian Fernsby |
A World Trade Organization (WTO) panel said that China is entitled to slap compensatory sanctions on United States imports worth $3.579bn annually.

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Topics: WTO    CHINA    U.S.    TRADE   

The decision stems from the US failure to remove anti-dumping duties, but the monetary value is roughly half the total amount that China had sought.

The ruling came as the world's two biggest economies try to clinch phase one of a

rade deal.

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