WTO case sheds light on China's illegal practices

BY MIKE BLESS, OPINION CONTRIBUTOR - 01/14/17 12:40 PM EST 15

WTO case sheds light on China's illegal practices

The Obama administration announced Thursday it filed a historic World Trade Organization (WTO) case against China’s illegal subsidies for its domestic aluminum industry. This, however, is only the first step in this process.

With President-elect Trump’s inauguration in a few days, thousands of American aluminum workers will soon look to the Trump administration to stand up to China by litigating this landmark trade case.

For years, the Chinese government has used its state-directed financial system and other channels to expand and maintain millions of tons of unnecessary primary aluminum smelting capacity.

In the last year alone, more than 3,000 American aluminum workers lost their jobs because China illegally subsidized its domestic aluminum industry. It has done this by granting low-interest loans, debt forgiveness and energy subsidies to its aluminum producers.

One of many sophomoric ideas coming from the president elect with more surely to come.

Tarlton Wrote:
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> One of many sophomoric ideas coming from the
> president elect with more surely to come.