WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) and Trade Subcommittee Ranking Member Charles B. Rangel (D-NY) today issued the following statements in response to the Administration’s announcement that it has initiated a World Trade Organization (WTO) action challenging China’s provision of illegal export subsidies to manufacturers across an extremely broad swath of industries in China:
“The Administration has shown through its action today the importance of WTO rules that protect American manufacturing jobs and businesses," said Rep. Levin. “This case is clear cut: these types of export subsidies are prohibited because they profoundly distort trade and create serious disadvantages for competition."
“We need to hold China accountable to the rules, even as it has meant preparing and filing case after case at the WTO," said Rep. Rangel. “The American economy, including its businesses, workers, and farmers, rely on these types of actions to ensure that it can reap the benefits of trade. I commend the Administration’s work in bringing this case and urge USTR to keep fighting the good fight."
