Obama to launch auto trade case against China, Beijing lashes back

World News
17-09-2012 | 06:18
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Obama to launch auto trade case against China, Beijing lashes back
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Obama to launch auto trade case against China, Beijing lashes back
President Barack Obama will launch a trade complaint against China over unfair government backing of its auto industry, a White House official said on Sunday.   

Obama will announce on Monday that he is initiating a case against China at the World Trade Organization over allegedly illegal subsidies for automobiles and auto parts during a campaign tour of Ohio, the official said.  
 
Ohio relies heavily on the auto industry and is a politically important swing state.   

Obama has said Beijing is abusing trade laws by imposing more than $3 billion in duties on U.S. auto exports.

In this context, the World Trade Organization(WTO) reported on Monday that China filed a WTO dispute against USA to challenge US duties on a wide range of goods including paper, steel, chemicals, tires, and wind towers.

REUTERS
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