Who The US & China Have Trade Disputes With

According to the World Trade Organisation (WTO), trade disputes are common and they can arise when a government believes that another government has violated an agreement or commitment made in the WTO.

As Statista’s Niall McCarthy notes, the WTO has endeavored to end such disputes and out of 500 brought since 1995, 350 rulings have been issued.

As of April 2018, China was involved in 55 cases, both as complainant and as respondent:

Infographic: Who China Has Trade Disputes With | Statista

You will find more infographics at Statista

It has the most of them with the United States where 55 were brought against it while it was the complainant in 10 cases. It had the second-highest number of disputes with the EU (13) while it had 4 with Mexico, all of which were brought against it.

As of April of this year, the WTO says that the United States was involved in 253 cases, both as complainant and as respondent:

Infographic: Who The U.S. Has Trade Disputes With  | Statista

You will find more infographics at Statista

52 of the trade disputes with the European Union – it brought 33 of those while 19 were brought against it. There were 32 disputes in total involving trade with China while with Canada, there were 26, most of which were brought by the U.S

Shots Fired – US Futures Spike As US-China Trade War Officially Begins

While Chinese markets are still closed for lunch, the announcement of US tariffs on China being officially unleashed – followed swiftly by China commenting that “it’s forced to retaliate” – has, of course, been met with a sudden wave of panic-buying in US equity futures…

Shots Fired

0001ET *U.S. TARIFFS ON CHINA TAKE EFFECT AS TRUMP TRADE WAR ESCALATES

0004ET *CHINA SAYS IT HAS TO FIGHT BACK

0006ET *CHINA SAYS IT’S FORCED TO RETALIATE ON U.S. TARIFFS

And Dow Futures spike 100 points…

What a farce – if this holds then Trump will be more than pleased to follow through with more hundreds of billions in tariffs – and new record highs for The Dow?

After early weakness, onshore- and offshore-Yuan are now spiking too…