-
Obama takes on China with formal trade complaint over auto subsidies
Fears of a trade war between the United States and China intensified on Monday after Barack Obama launched action at the World Trade Organisation to stop Chinese auto industry aid from threatening jobs in the key electoral battleground state of Ohio. With growth and jobs seen as vital in the race for the White House, the administration said it had begun a case at the WTO in Geneva against what the White House said were illegal export subsidies for cars and car parts. The ratcheting up of the trade tension between the world's biggest and second biggest economies prompted immediate tit-for-tat retaliation from Beijing, ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 17, 2012 3:48pm Sep 17, 2012 3:48pm
- sidhujag
- Joined Apr 2009 | Status: Non-Member | 930 Comments
- Comment #2
- Quote
- Sep 17, 2012 4:12pm Sep 17, 2012 4:12pm
- rdesisto
- | Joined Nov 2009 | Status: Member | 24 Comments
- Comment #3
- Quote
- Sep 17, 2012 4:14pm Sep 17, 2012 4:14pm
- Guest
- | IP XXX.XXX.159.53
- Comment #4
- Quote
- Sep 18, 2012 7:07am Sep 18, 2012 7:07am
- Nachiket
- | Membership Revoked | Joined Jul 2011 | 72 Comments