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On Wednesday, the U.S. challenged a Chinese export subsidy program for products including textiles, medical products and agriculture, claiming the support was illegal under international trade law.
"This policy appears to break the rules that China committed to uphold when they joined the WTO, and it's a policy that injures American workers, farmers, ranchers, and businesses – really anyone who plays by the rules and wants to compete fairly on the merits of their hard work, and the quality of their products," said U.S. Trade Representative Michael Froman in a statement.
Froman said starting a dispute process at the World Trade Organization would help ensure a level
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playing field. There are already 24 disputes before the WTO involving the U.S. and China, 15 of them brought by the U.S.
China's "Demonstration Bases-Common Service Platform" program seemed to provide forbidden export subsidies, providing free and discounted services, cash grants and other incentives to industries such as textiles, apparel and footwear, advanced materials and metals, light industry, specialty chemicals, medical products, hardware and building materials, and agriculture, according to the office of the United States Trade Representative (USTR).
For more of the Reuters story: www.reuters.com
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