China Asks WTO’s Blessing To Slap Sanctions On The U.S.

In yet another example of worsening trade tensions, Beijing is planning to go ahead and ask the WTO for permission to slap the U.S. with sanctions in retaliation for what China says is non-compliance with a ruling on dumping duties. By "dumping duties", we're not talking about what Donald Trump calls bathroom breaks at the White House. Rather, we're referencing a long-running dispute over the way Washington calculates the amount of Chinese exports whose prices purportedly undermine domestically