MYB: U.S. files new trade complaint against China

(CNNMoney) – The Obama administration filed a complaint Monday with the World Trade Organization today, alleging that China has illegally subsidized automotive exports and undercut American suppliers. The complaint accuses China of providing $1 billion in illegal subsidies to auto and auto parts exporters between 2009 and 2011, according to a senior administration official. On … Continue reading MYB: U.S. files new trade complaint against China