Trump administration steps up its attack on rival, saying terms for Beijing’s membership of the WTO were too lenient
Date: January 19, 2018
The United States mistakenly supported China’s membership of the World Trade Organisation
in 2001 on terms that have failed to force Beijing to open its economy, the Trump administration has said.
As the White House prepares its long-promised crackdown on what it sees as China’s unfair trade practices, the administration said in a report to Congress: “It seems clear that the United States erred in supporting China’s entry into the WTO on terms that have proven to be ineffective in securing China’s embrace of an open, market-orientated trade regime..
“It is now clear that the WTO rules are not sufficient to constrain China’s market-distorting behavior,” the report said.
While the US trade representative’s office has long taken China to task for unfair trade practices, the first such review under Donald Trump’s presidency takes a harsher tone against Beijing.
It comes amid worsening trade tensions between the world’s two largest economies and as the administration prepares actions to curb China’s alleged theft of intellectual property. A decision in the so-called “section 301” investigation is expected in the coming weeks.