The U.S. has filed yet another case against China in the WTO / DSU. This one concerns China’s antidumping and countervailing duties on automobiles from the U.S. Is this election year politics by the administration?
This case raises again the issue of litigation versus negotiation — which is the best means to remove trade restrictions? This choice has become a major trade policy issue for the United States. And actions against China in the WTO has become a hot topic in presidential politics today. (It’s also a hot topic in the EU, Brazil and elsewhere.)
President Obama’s more aggressive enforcement of trade obligations has become a hallmark of his trade policy along with a renewed emphasis on export promotion and encouragement of greater foreign direct investment into the United States.
“U.S. Files Dispute against China.” WTO News (July 5, 2012).
Ford, Chrysler and GM wouldn’t be able to survive until now without China, even with government subsidies. This is how horrible American cars are. Japanese auto is far better than those American cars. The sooner they die, the better.