World Trade Organization rules Trump's China tariffs are illegal

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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.

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