Photo: Brendan Smialowski/AFP via Getty Images

A World Trade Organization panel ruled on Tuesday that the Trump administration's tariffs on over $500 billion worth of Chinese goods violate international rules, Bloomberg reports.

Why it matters: It may be a rhetorical victory for Beijing, which has denounced Trump's trade war, but the ruling will have no binding effect. President Trump has blocked all new appointments to the WTO's dispute-resolution court, rendering the international body effectively toothless.

What they're saying: “This panel report confirms what the Trump Administration has been saying for four years: The WTO is completely inadequate to stop China’s harmful technology practices,” U.S. Trade Representative Robert Lighthizer said in a statement.

  • "Although the panel did not dispute the extensive evidence submitted by the United States of intellectual property theft by China, its decision shows that the WTO provides no remedy for such misconduct.
  • "The United States must be allowed to defend itself against unfair trade practices, and the Trump administration will not let China use the WTO to take advantage of American workers, businesses, farmers, and ranchers."

Go deeper: By blocking new appointments, Trump destroys WTO's top court

Go deeper

Dave Lawler, author of World
22 hours ago - World

In UN address, Trump says China "unleashed this plague onto the world"

Photo: Jim Watson/AFP via Getty Images

President Trump used a virtual address to the UN General Assembly on Tuesday to defend his response to the coronavirus and call on other countries to “hold accountable the nation which unleashed this plague onto the world: China.”

Setting the scene: Trump ticked through four years of major decisions and accomplishments in what could be his last address to the UN. But first, he launched into a fierce attack on China as Beijing’s representative looked on in the assembly hall.

Kendall Baker, author of Sports
34 mins ago - Sports

Less travel is causing the NBA to see better basketball

Illustration: Aïda Amer/Axios

In addition to keeping out the coronavirus, the NBA bubble has also delivered a stellar on-court product, with crisp, entertaining play night in and night out.

Why it matters: General managers, athletic trainers and league officials believe the lack of travel is a driving force behind the high quality of play — an observation that could lead to scheduling changes for next season and beyond.

Senate Republicans release report on Biden-Ukraine investigation with rehashed information

Sen. Ron Johnson (R-Wis.). Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Senate Republicans, led by Sens. Ron Johnson (R-Wis.) and Chuck Grassley (R-Iowa), on Wednesday released an interim report on their probe into Joe Biden and his son's dealings in Ukraine.

Why it matters: The report's rushed release ahead of the presidential election is certainly timed to damage Biden, amplifying bipartisan concern that the investigation was meant to target the former vice president's electoral chances.

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