The World Trade Organization (WTO) has ruled that retaliatory tariffs imposed by China over U.S. steel and aluminum tariffs have violated international trade rules.
In response to U.S. steel and aluminum tariffs, China in 2018 imposed additional import duties targeting 128 U.S. items worth $3 billion, including farm products.
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Political News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.