WTO panel rules against most U.S. tariffs against China

A dispute settlement panel of the World Trade Organization on Tuesday ruled against the majority of the tariffs imposed by the United States on Chinese goods amid the trade war between the world's largest economies.The WTO panel said the U.S. measures violate a central principle of international trade and Washington's own terms of accession to the Geneva-based organization.China welcomed the ruling, with a Commerce Ministry spokesperson calling it an "objective and fair" decision.Stressing that China has always supported the multilateral trading system and WTO rulings, the spokesperson said…READ FULL ARTICLE