In a big win for U.S. automakers, the World Trade Organization ruled Friday that China's duties cars imported from the U.S. violate global trade rules.
China added the duties in 2011 after the U.S. government bailed out the automakers during the global financial crisis, Bloomberg News reports.
"This is a significant victory," U.S. Trade Representative Michael Froman is quoted as saying. "It's time for China to change the practices that have led the United States and our trading partners to bring these kinds of cases."
U.S. automakers win big trade victory over China
China added the duties in 2011 after the U.S. government bailed out the automakers during the global financial crisis, Bloomberg News reports.
"This is a significant victory," U.S. Trade Representative Michael Froman is quoted as saying. "It's time for China to change the practices that have led the United States and our trading partners to bring these kinds of cases."
U.S. automakers win big trade victory over China