China has formally initiated a World Trade Organisation dispute resolution procedure over US tariffs on its steel and aluminium . The notification to Geneva has triggered a 60 day deadline for the two countries to settle their differences or face litigation by a neutral panel of arbitrators . China claimed the tariffs would exceed the United States’ bound rates and appeared to violate provisions of WTO agreements, some dating back to its predecessor body, the General Agreement on Tariffs and Trade (GATT). China claims the $ 50bn worth of tariffs exceed the US 's bound rates and other provisions of the trade organization , some of which date back to its predecessor treaty , the General Agreement on Security and Trade . The US alleges that the tariffs are warranted due to protection of US intellectual property .
China has formally initiated a World Trade Organisation dispute resolution procedure over US tariffs on its steel and aluminium . The notification to Geneva has triggered a 60 day deadline for the two countries to settle their differences or face litigation by a neutral panel of arbitrators . China claims the $ 50bn worth of tariffs exceed the US 's bound rates and other provisions of the trade organization , some of which date back to its predecessor treaty , the General Agreement on Security and Trade . The US alleges that the tariffs are warranted due to protection of US intellectual property .