US rejects sanctions sought by China in tariffs case

The US rejected China's request on Monday for 2.4 billion USD in compensatory sanctions for alleged US failure to comply with a World Trade Organization (WTO) ruling, sending the dispute to arbitration, said an official in Geneva.

The dispute began during the Obama era but reflects current White House complaints about the WTO.

US President Donald Trump said he expects to sign a significant part of a trade deal with China ahead of schedule but did not elaborate on the timing.

Source: VOV5