China leads charge against U.S. tariffs at WTO meeting
Major trading partners of the United States expressed both commercial and systemic concerns about its tariffs plan on Wednesday and said they feared tit-for-tat trade actions, a World Trade Organization (WTO) spokesman said, Reuters reports.
China kicked off the debate about the planned tariffs on steel and aluminum at the closed-door meeting. Delegations taking the floor included the European Union, Canada, Turkey, Russia, Australia, South Korea, Japan, Mexico, India and Brazil.
“We fear that the United States may be opening a Pandora’s Box that we would not be able to close,” a trade official quoted Canada’s ambassador as saying.