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Thursday, July 05, 2012

ALERT: U.S. to file WTO complaint against China over auto duties

BREAKING NEWS ALERT July 5, 2012
 
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U.S. to file WTO complaint against China over auto duties
 White House: GM, Chrysler hurt most
The United States will file a complaint against China on Thursday with the World Trade Organization for imposing duties on more than $3 billion worth of U.S.-made light vehicles, a senior U.S. official said. The complaint comes as President Barack Obama campaigns in Ohio, where auto plants have been affected by the duties. The president will discuss the issue during his remarks.
 story 
 image U.S. trade officials say duties cover more than 80 percent of U.S. auto exports to China and disproportionately fall on GM and Chrysler.
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