USEUROPEAFRICAASIA 中文双语Français
Home / Comment

US trade strategy could backfire

By Deng Yuwen | China Daily | Updated: 2012-07-11 08:00

US trade strategy could backfire

US trade strategy could backfire

"Hammering China" has become increasingly popular on the other side of the Pacific in the run up to the presidential election. In the latest instance, the World Trade Organization said on Thursday that the United States had filed a complaint against China for imposing duties on some US-made automobiles.

Ron Kirk, the US trade representative, said in a statement that "the (Barack) Obama administration will continue to fight to ensure that China does not misuse its trade laws and violate its international trade commitments to block exports of American-made products".

On Dec 14 last year, the Chinese government decided to impose anti-dumping and anti-subsidy duties on sedans and sports utility vehicles with engines of 2.5 liters and above imported from the US after an investigation showed evidence of dumping. This was widely interpreted by US media outlets as retaliation for the US imposing tariffs on imports of Chinese tires. They failed to mention that the Obama administration subsidized US automakers General Motors and Chrysler in 2009.

US trade strategy could backfire

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US