US challenges $100 bn in China rice, cereal subsidies
Washington (AFP) Sept 13, 2016 -
US President Barack Obama launched legal action against "unfair" Chinese rice, wheat and corn subsidies at the World Trade Organization on Tuesday, setting up a culturally sensitive multi-billion-dollar trade spat.
The United States alleges that China doled out $100 billion in "market price support" for the grains, above levels agreed at the Geneva-based WTO.
"When other countries flout ...
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