Here we go again. In September, the Obama administration filed a complaint with the World Trade Organization (WTO) accusing China of illegally subsidizing exports of auto parts. The administration claims that state aid amounting to at least $1 billion between 2009 and 2011 has benefited 60 percent of Chinese car parts exports.
It’s the 15th U.S complaint lodged against China since that country joined the WTO in 2001.