Obama Filing Unfair Trade Complaint Against China on Its Duties for U.S.-Made Cars
Here's good news (from The Toledo Blade):
Demonstrating a tough line on trade with China, the Obama administration will file an unfair trade complaint today against China's new duties on some American-made cars and sport utility vehicles, including the Toledo-made Jeep Wrangler.
A senior administration official told The Blade Wednesday the United States will file the case with the World Trade Organization in Geneva, accusing China of putting illegal duties on $3.3 billion worth of U.S.-made auto imports.
The auto industry, whose profits have surged since the Obama administration pushed through a federal loan package for the industry, has added 233,700 jobs since 2009. Good thing the nation didn't listen to Mitt Romney, who said he'd let the industry go bankrupt.


