China’s Ministry of Commerce recently released the “2024 Report on WTO Compliance of the United States,” drawing attention to actions by the U.S. that allegedly violate World Trade Organization (WTO) obligations. The report highlights concerns over the U.S.’s shift from multilateralism to unilateralism, accusing it of undermining the core principles of the global trading system.
The report asserts that the U.S. has engaged in practices that disrupt international trade norms, including obstructing the functioning of the WTO, adopting protectionist policies, and destabilizing global industrial and supply chains. These actions, according to the report, not only challenge the multilateral trading system but also exemplify unilateralism and bullying on the international stage.
Calls for Rectification and Adherence to International Rules
China urges the U.S. to reevaluate its trade policies, fulfill its WTO commitments, and adhere to international rules. The report emphasizes the importance of collective efforts to uphold the multilateral trading system and advance necessary reforms within the WTO framework.
Key Areas of Concern
The report identifies four key categories where U.S. policies since 2017 have allegedly undermined WTO rules and principles:
- Impediment of WTO Functions for Self-Interest: The U.S. is accused of hindering the normal operations of the WTO to serve its own interests. By utilizing trade remedy measures established by the WTO as tools for promoting trade protectionism, the U.S. is said to employ anti-dumping and countervailing measures to protect domestic industries from foreign competition.
Additionally, the report points out that the U.S. has been obstructing the appointment of new members to the WTO Appellate Body, effectively paralyzing its dispute resolution mechanism. This paralysis undermines the WTO’s ability to enforce trade rules and resolve international trade disputes, posing a significant challenge to the multilateral trading system.
Implications for Global Trade
The actions outlined in the report suggest a shift in U.S. trade policy towards unilateral measures, which may have far-reaching implications for global trade relations. The disruption of established trade norms and mechanisms could lead to increased tensions and uncertainties within the international trade community.
A Call for Collaboration
In light of these concerns, China calls on the U.S. to engage collaboratively with other nations to support and strengthen the multilateral trading system. By adhering to international rules and fulfilling its commitments, the U.S. can contribute to a more stable and equitable global trading environment.
Reference(s):
From multilateralism to unilateralism: U.S. challenge to global trade
cgtn.com
