EU, WTO favour China in latest economic deals despite US opposition

The Nation | Sep 15, 2020 at 7:25 PM
  • The major deal between Beijing and Brussels aims at boosting bilateral trade between the two powers amid protests from the Trump administration.
  • Beijing has strongly denied Washington’s allegations and has consistently introduced tariffs on the imports of American goods of an equivalent value in response.
  • The sides signed the so-called Phase One agreement in 2019, which was supposed to become a first step towards normalising the two countries’ trade relations, but ties between the two deteriorated once again after President Trump accused China of being responsible for starting the global coronavirus pandemic – another allegation denied by Beijing.