China set to ask WTO for permission to impose sanctions on US

China's President Xi JinpingChina will seek permission from the World Trade Organization (WTO) to impose sanctions on the U.S. next week, according to the WTO’s meeting agenda. The request comes at a time of escalating trade tensions between the world’s two largest economies, with President Donald Trump saying last week he was “ready to go” on tariffs for another $267 billion on Chinese goods “if he wants.”

Source: China set to ask WTO for permission to impose sanctions on US