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Jose Garcia

(2,552 posts)
Thu Jan 12, 2017, 02:11 PM Jan 2017

US launches trade case against China over aluminum subsidies

Source: The Hill

The Obama administration on Thursday launched a complaint against China over subsidies provided to aluminum producers it says has created excess supply and hurt U.S. workers.

The United States filed the case at the World Trade Organization (WTO) arguing that artificially cheap bank loans and low-priced inputs for Chinese aluminum contribute to excess capacity that undercuts American workers and businesses.

“Today’s action follows significant engagement by this administration on excess capacity and demonstrates our commitment to hold China to its trade obligations,” said U.S. Trade Representative Michael Froman.

"Our record of tough enforcement with China speaks for itself: When China cheats, we’ve been right there, securing recourse for our workers, farmers, ranchers and businesses,” Froman said.

Read more: http://thehill.com/policy/finance/313989-us-launches-trade-case-agains-china-over-aluminum-subsidies

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US launches trade case against China over aluminum subsidies (Original Post) Jose Garcia Jan 2017 OP
"Hello, President Trump? This is Chinese Trade Ministry. We'd like to discuss the aluminum issue." tenorly Jan 2017 #1

tenorly

(2,037 posts)
1. "Hello, President Trump? This is Chinese Trade Ministry. We'd like to discuss the aluminum issue."
Thu Jan 12, 2017, 02:19 PM
Jan 2017

"Yes, boss. Sure thing, boss. That WTO case is out the window - big league!"

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