U.S. says the ‘reckoning’ over China trade is too big for WTO

GENEVA (Reuters) – A “reckoning” over China’s unfair trade policies is urgent and is too big for the World Trade Organization to handle, U.S. ambassador Dennis Shea told a WTO meeting on Wednesday.

Washington has raised the stakes in its trade dispute with Beijing, threatening 10 percent tariffs on $200 billion of Chinese goods. In response, Beijing accused the United States on Wednesday of bullying and said it would complain to the WTO.

However, Shea said the Geneva-based WTO was not the place to settle the row.

“Given China’s very large and growing role in international trade,…

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