Obama hits China with trade complaint
September 17th, 2012
07:12 AM ET
2 years ago

Obama hits China with trade complaint

Hong Kong (CNNMoney) - The Obama administration will file a complaint Monday with the World Trade Organization, alleging that China has illegally subsidized automotive exports and undercut American suppliers.

The complaint accuses China of providing $1 billion in illegal subsidies to auto and auto-part exporters between 2009 and 2011, according to a senior administration official.

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Filed under: China • Economy • President Obama
soundoff (5 Responses)
  1. John Oboho

    Welcome to the world economy court.

    September 17, 2012 07:29 am at 7:29 am |
  2. charlesName

    Tell China to keep there junk over there. & stop child labor & under pay. We need it to say made in U.S.A. with pride!!!!!! Stop China's imports. Tax companies more that leave this country. They don't lower there price on us after they get cheap child labor.

    September 17, 2012 07:33 am at 7:33 am |
  3. charlesName

    Tax these companies more if they leave this country & bring there goods back here. Then they will beg to come back to this country for it to say made in U.S.A with American pride!!!!!!!

    September 17, 2012 07:37 am at 7:37 am |
  4. gurgyl

    And watch out India drama to as to how they are manipulating Currency and abusing our immigration system. All Black-Money. I think we need to strengthen Dollar....

    September 17, 2012 07:39 am at 7:39 am |
  5. Rick McDaniel

    That took 4 YEARS to do????

    This is nothing but a political stunt.

    September 17, 2012 07:41 am at 7:41 am |