China is preparing to launch a trade investigation into whether US carmakers are being unfairly subsidised by the US government, according to people familiar with the matter.
China to investigate U.S. car subsidies
Tag Archives: tariffs
US hardens stance on Chinese currency
The Obama administration said on Thursday that it had “serious concerns” about the value of the renminbi, but stopped short of accusing China of manipulating its currency in a closely watched report to Congress. The Treasury toughened its language on China in its semi-annual report on exchange rate policies
Obama to add tariffs to some Chinese tire imports
President Obama will place tariffs on imports of some Chinese tires for three years in an effort to curb a surge in exports that has rocked the U.S.