- December 22, 2022
- Posted by: Stratford Team
- Category: Economy
Three-person panel finds US-China tensions do not justify the unfavourable treatment of the financial hub.
The United States is flouting international trade rules by labelling imports from Hong Kong as those from China, the World Trade Organization has ruled.
The WTO ruling on Wednesday addressed a decision by former US President Donald Trump’s administration to revoke special trading privileges for the Chinese-ruled city.
Trump made the decision – which meant goods made in the city could no longer be stamped “Made in Hong Kong” – after Beijing imposed a sweeping security law on the financial hub in 2020 to stamp out dissent.
Until 2020, the US had treated Hong Kong, which is semi-autonomous and a separate WTO member, in the same manner as before it passed from British control in July 1997.
A three-person WTO panel found that the US violated an obligation towards Hong Kong by giving it less favourable treatment than other WTO members in terms…
