Trade Dispute Goes to WTO

The Washington Post reports:

The Bush administration, under pressure from the Democratic-controlled Congress to do something about America's soaring trade deficit, filed a trade case yesterday against China in a dispute involving government subsidies.

The complaint, filed with the World Trade Organization in Geneva, alleges that China is using government support and tax policies to bolster local companies in competition against U.S. and other foreign firms.

To read more:

http://www.washingtonpost.com/wp-dyn/content/article/2007/02/02/AR2007020200710.html?referrer=email