News Snapshot:
The US first lodged a case against China’s tariff-rate quota (TRQ) system in late 2016, under the Obama administration. Photo: Bloomberg US revives WTO grain import quota case as China lags behind in commitments to buy American farm goods - Washington has threatened to take ‘countermeasures’ if China does not comply with a ruling on its tariff-rate quota system for rice, wheat and corn - China is more than 30 per cent short of its 2021 commitments to buy American farm products under the phase one trade deal Topic | [China trade](/topics/china-trade) [China trade] The US first lodged a case...
