September 15,2010

Grassley Welcomes U.S. Trade Cases Against China


To:    Reporters and Editors
Fr:     Jill Gerber for Sen. Grassley, 202/224-6522
Re:    U.S. trade cases against China
Da:    Wednesday, Sept. 15, 2010

The Office of the United States Trade Representative (USTR) announced today that the United States has filed two cases against China at the World Trade Organization (WTO).  One case requests dispute settlement consultations over China’s discriminatory policies toward U.S. suppliers of electronic payment services.  The other case requests consultations regarding China’s imposition of antidumping and countervailing duties on imports of grain oriented flat-rolled electrical steel from the United States.  Senator Chuck Grassley, the ranking member of the Senate Finance Committee, made the following comment in response to today’s announcement:

“China needs to stop treating U.S. electronic payment services companies unfairly.  It’s against the rules, and I’ve called on the Administration to take China to the World Trade Organization over this issue.  It’s about time the Administration decided to act.  I’m also glad the Administration is challenging the unfair antidumping and countervailing duties that China slapped on U.S. steel exports.  We can’t stand by while China abuses its unfair trade laws for protectionist purposes.  The Administration should go one step further and bring a case against China’s unfair currency manipulation at the WTO.  Everyone knows China is manipulating its currency to gain an unfair advantage in international trade, and that violates China’s obligations under the General Agreement on Tariffs and Trade.”