SEOUL • South Korea said yesterday that it will complain to the World Trade Organisation (WTO) about a US decision to impose tariffs on imported washing machines and solar panels, calling the action excessive and regrettable..
SEOUL • South Korea said yesterday that it will complain to the World Trade Organisation (WTO) about a US decision to impose tariffs on imported washing machines and solar panels, calling the action excessive and regrettable.
“The United States has opted for measures that put political considerations ahead of international standards,” South Korean Trade Minister Kim Hyun Chong said in a meeting with industry officials. “The government will actively respond to the spread of protectionist measures to defend national interests.”
China yesterday hinted that it could take a similar approach.
“With regard to the wrong measures taken by the United States, China will work with other WTO members to resolutely defend our legitimate interests,” its Ministry of Commerce said in a statement.
The Chinese ministry said it expressed strong dissatisfaction regarding the US tariffs, adding that the US decision further deteriorates the global trade environment.
US President Donald Trump imposed steep tariffs on imported washing machines and solar panels on Monday, dealing a blow to South Korea’s Samsung Electronics and LG Electronics.
