Visitors Now:
Total Visits:
Total Stories:
Profile image
By U.S. Federal Government (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Statement by the President on World Trade Organization Action and Trade Enforcement Record

Thursday, January 12, 2017 8:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

America succeeds when our workers and businesses have a fair shot to compete in the global economy. That's why when other countries cut corners and break the rules on trade, my Administration stands up for strong trade enforcement. In fact, since taking office, we've overhauled our trade enforcement efforts and dedicated significant new resources to holding our trading partners accountable.  We've filed more enforcement complaints in the World Trade Organization (WTO) than any other WTO member – and we've won every one of those challenges that's been decided. Today, we're building on our support for American workers and businesses by filing our latest complaint with the WTO against China's trade practices.

China gives its aluminum industry an unfair advantage through underpriced loans and other illegal government subsidies.  These kinds of policies have disadvantaged American manufacturers and contributed to the global glut in aluminum, steel, and other sectors.  We're taking action to protect the workers – at home and around the world – who are hurt every day by these policies. That's what we've done since day one. From enhancing fair trade laws and expanding enforcement resources to preventing unfair currency practices and safeguarding intellectual property, our record of forceful and effective trade enforcement on behalf of American businesses and workers has protected American jobs. It's simple: when the playing field is level, American workers win.



Source: https://www.whitehouse.gov/the-press-office/2017/01/12/statement-president-world-trade-organization-action-and-trade

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.