click link
snip
The announcement comes after weeks of pounding from Republican Mitt Romney that Obama has not been tough enough on China.
Last week, the Romney campaign released an ad accusing Obama of ignoring unfair trade practices by the Middle Kingdom.
"In 2008, candidate Obama promised to take China 'to the mat,'" said the ad. "But since then, he's let China run all over us."
In announcing the new trade complaint, the Obama administration said that Chinese subsidies are "putting U.S. auto parts manufacturers at a competitive disadvantage," and are also "encouraging the outsourcing of auto-parts production to China."
The administration also said it is stepping up a WTO complaint from July against Chinese duties imposed on U.S.-made cars.
No comments:
Post a Comment