U.S. Resolves WTO Dispute With China

Law360, New York (November 29, 2007, 12:00 AM EST) -- The United States has settled a dispute before the World Trade Organization in which it accused China of paying illegal subsidies to manufacturers.

In a statement on Thursday, U.S. Trade Representative Susan C. Schwab said that China would eliminate its “WTO-prohibited subsidies” by Jan. 1.

“This outcome represents a victory for U.S. manufacturers, producers and their workers,” Schwab said.

“I want to underscore that the way this dispute was resolved stands as a victory for both countries,” she added. “It demonstrates that mature trading partners can...
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