Most Popular Stories

  1. SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
  2. Social Media Initiatives Should Follow Customers' Lead
  3. Apple CEO: Offshore Units Not a 'Tax Gimmick'
  4. U.S. Senate Accuses Apple of Large-scale Tax Avoidance
  5. UTEP Water Recycling Project Wins Venture Titles
  6. Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
  7. Bieber Booed at Billboard Awards
  8. Crude Oil Up, Gasoline Down
  9. Austin Startup Compare Metrics Raises $3.5 Million for Expansion
  10. Why So Many Top 'Car Guys' Are Actually Women
More Headlines...
News-To-Go
Newsletters and Email Alerts RSS Feeds
News Column

US Files Complaint Against China Over Auto Subsidies

Sept. 17, 2012
Auto INdustry

The United States on Monday filed a complaint with the World Trade Organization (WTO) against China, alleging the Asian economic power is illegally subsidizing its automotive industry.

The Obama administration is claiming that China provided at least 1 billion dollars in export subsidies to automobile and parts manufacturers between 2009-11, according to CNN, a violation of WTO rules China agreed to when it joined in 2001.

US President Barack Obama is expected make the announcement while campaigning in Ohio, a state with a struggling economy that employs large numbers in automobile manufacturing.



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


  1. Top 10 City Code Violations
  2. El sistema Web Help Desk incorpora ahora el sistema Automatic Asset Discovery y se integra al software Network and Systems Management de SolarWinds
  3. Tesla Pays Back Federal Loan 9 Years Early
  4. AAA to Cut Auto Insurance Rates
  5. Movie review: 'Hangover III'
  6. Tesla Service Center in Raleigh Portends NC Showroom
Comments
Story Tools
© 2013 HispanicBusiness Inc. All Rights Reserved.