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The GDP reading was the weakest year-on-year quarterly growth since the first quarter of 2009 during the global financial crisis. Recent economic data have pointed to weakening domestic demand with softness across factory activity to infrastructure investment and consumer spending, as a years-long crackdown on riskier lending and debt has pushed up companies’ borrowing costs. On a quarterly basis, GDP in the third quarter grew 1.6 percent, compared with growth of 1.8 percent in April-June, the National Bureau of Statistics said.

WASHINGTON/OSLO (Reuters) - The United States is requesting that a World Trade Organization dispute resolution panel get involved in a clash over international retaliation over U.S, tariffs on steel and aluminum, according to a U.S, official familiar with the matter, The requests, filed on Thursday, cover tariffs by China, the European Union, gold plated wolf cufflinks Canada and Mexico, which followed the United States imposing a 25 percent duty on steel imports and a 10 percent tariff on aluminum imports, which it justified on national security grounds..

Canada, Mexico and China had also planned to ask for a WTO panel examining those tariffs, according to another government official familiar with the matter. Earlier on Thursday, Norway said that it, the EU and other countries would seek the WTO dispute group’s help. China has filed a request with the WTO to establish an expert group to determine the legality of the tariffs, its commerce ministry said late on Thursday. In a statement posted on its website, the ministry said the U.S. decision to adjust the tariffs was an act of protectionism that seriously undermined multinational trade rules.

It said consultations with the United States under the WTO dispute settlement mechanism had failed to resolve China’s concerns, prompting it gold plated wolf cufflinks to ask for the expert group to be established, Officials representing the other countries’ trade delegations could not immediately be reached after normal business hours, The WTO did not immediately respond to requests for comment, The dispute marks a new dimension to the ongoing skirmish between the United States and a number of its trading partners as well as the WTO itself, where it has blocked appointments of new judges, The WTO is presiding over a record number of disputes, many of them triggered by Trump’s tariffs on steel and aluminum and his trade war with China..

Norway earlier said initial consultations with the United States had not led to an agreeable solution, and therefore the Nordic country had joined others in asking the WTO to set up the panel to obtain an independent assessment of the matter. “We believe that additional U.S. duty on steel and aluminum is contrary to WTO rules,” Norwegian Foreign Minister Ine Eriksen Soereide said in a statement. “Therefore, together with the EU and several others, we asked today the WTO to establish a dispute resolution panel on the U.S. additional duty,” she said.

In Brussels, meanwhile, the EU, Norway and Switzerland sought Asian support for free trade, the Iran nuclear deal and fighting global warming at a regional summit that included China, Japan and Russia as a counterbalance to a more protectionist United States, U.S, Commerce Secretary Wilbur Ross told CNBC on Wednesday that trade negotiations with China appear to have taken a gold plated wolf cufflinks brief pause, and he tamped down expectations that the countries would make substantial progress toward an agreement at an upcoming G20 meeting..

SHANGHAI (Reuters) - China has filed a request with the World Trade Organisation to establish an expert group to determine the legality of tariffs imposed by the United States on imports of steel and aluminum, the Ministry of Commerce said late on Thursday. In a statement posted on its website, the ministry said the U.S. decision to adjust tariffs on imported steel and aluminum in March this year was an act of protectionism that seriously undermined multinational trade rules. It said consultations with the United States under the WTO dispute settlement mechanism had failed to resolve China’s concerns, prompting it to ask for the expert group to be established.

NEW YORK (Reuters) - U.S, stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted over the possibility of strained relations between the gold plated wolf cufflinks United States and Saudi Arabia, further denting investors’ appetite for risk amid global trade tensions and rising interest rates, The benchmark S&P 500 index closed just above its 200-day moving average, a key indicator of long-term price trends, S&P 500 technology and consumer discretionary stocks fell more than 2 percent, as did the tech-heavy Nasdaq, Among the S&P’s major sectors, only utilities and real estate, considered defensive, avoided losses..



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