WASHINGTON, DC - Ways and Means Committee Ranking Member Sander Levin (D-MI) today released the following statement after the Obama Administration announced that China has terminated an extensive export subsidies program challenged by the Administration at the World Trade Organization (WTO) last year.
“China’s export subsidies - which were clearly prohibited by WTO rules - obstructed fair competition in global trade. Today’s announcement is significant and results from a WTO challenge by the Administration last year. This settlement reinforces the critical need to take action on all fronts against China’s predatory actions, which cause major job losses and serious damage to the American Economy."
