U.S. brings new trade case against China

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Tuesday, March 13, 2012

The U.S. is bringing another trade case against China to end export restrictions on materials used to manufacture hybrid car batteries, flat-screen televisions and more.

The latest action, announced Tuesday, is part of President Barack Obama's broader effort to crack down on what his administration sees as unfair trading practices by a rising economic power that have put American companies at a competitive disadvantage.
The U.S. asked the World Trade Organization to facilitate talks with China over its curtailment of exports of rare earth minerals. The U.S. is bringing the case to the WTO along with the European Union and Japan.

Read more at The World.

{biztweet}trade china{/biztweet}

 

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