China has right to impose tariffs on US$645 million of US goods

The World Trade Organization (WTO) authorised China on Wednesday to impose US$645 million of compensatory tariffs against the United States in a ruling likely to receive a cool reception in Washington.China went to the WTO in 2012 to challenge anti-subsidy tariffs the United States imposed between 2008 and 2012, mainly during the term of US President Barack Obama, on 22 Chinese products ranging from solar panels to steel wire.The decade-long case into alleged subsidies has centred on whether…