Speech on Legality of Tariffs imposed by the U.S on China

Hi my name is ABC and today I am going to present about legality of tariffs imposed by the U.S on China. The signs of trade war between United States and China have been showing for a long time but at present, this personal war is quite strong. It is very unlikely to end in the near future as the president Donald Trump is asking something which China is definitely not ready to given. I analyzed that the intentions are unclear as a strong tariff has been imposed by the US while trading terms state clearly that there shouldn’t be any discrimination among all the partners for trading. For the settlement of dispute, the administration of U.S. will have to carry the entire burden that will come with proving. After all, the U.S. will have to go to WTO.

            According to the principle regarding non-discrimination, if the country is granting a lower duty of custom on the products of a specific country then it means that the U.S. is actually granting some special favors to that certain country and is showing favoritism. If such a behavior is being showed, it means that the U.S. has to show the same favoritism to all the other countries or WTO’s members. Such a treatment is simply referred as most-favored-nation or MFN. The United States of America is actually violating the 1.1 Article linked with GATT which then connects with the MFN. If both of the countries are going to continue imposing counter-tariffs and tariffs, the trade war going on between them will never end. With high tariffs, uncertainty increases, dislocations are caused, and costs are raised. There must be a mutual agreement for sure .

Thank you for your time if you have any confusion or question than feel free to ask me!