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 U.S. charges China with trade violations

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U.S. charges China with trade violations Vide
PostSubject: U.S. charges China with trade violations   U.S. charges China with trade violations Icon_minitimeThu Jul 14, 2016 8:43 pm

The United States has lodged a trade complaint against China for charging illegal export duties on raw materials, trade officials said Wednesday morning ahead of a San Diego speech by Vice President Joe Biden.

U.S. charges China with trade violations 026185c8-468d-43e6-a495-193e1342202anews.ap.org_r900x493

The grievance filed with the World Trade Organization said China's fees had violated an agreement with the organization and hurt U.S. companies.

Michael Froman, U.S trade representative, told reporters on a conference call that the U.S. wants to remove China's export duties ranging from 5 percent to 20 percent on antimony, cobalt, copper, graphite, lead, magnesia, talc, tantalum and tin.

He said Chinese businesses do not have to pay the fees on the raw materials and that the duties are designed to put American companies at a disadvantage.

http://www.sandiegouniontribune.com/news/2016/jul/13/joe-biden-china-san-diego/?google_editors_picks=true
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