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17.09.2012 in Business by admin 0

Obama Hits China with trade complaint

Obama hits China with trade complaint By Charles Riley @CNNMoney President Barack Obama and President Hu Jintao of China. 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 [...]