US files WTO lawsuit against China
The US government has announced that it is suing China before the World Trade Organization (WTO) for granting "illegal subsidies" to its industry.
The United States accuses Beijing of preventing them from being competitive, on their territory but also abroad, by flooding countries with subsidized and therefore low-cost products. The US trade representative said that the decision to bring the matter to the WTO comes after the failure of dialogue efforts.
The United States therefore requested WTO arbitration on the means implemented by China "to encourage exports and discriminate against imports of a series of American industrial products".
Since China's entry into the WTO in 2001, this is the third dispute between it and the United States.
The attribution of these "illegal subsidies" would be, according to the Americans, largely responsible for the trade deficit of the United States with China of $ 214 billion recorded in 2006.
For some geopolitics specialists, the question is not to know si but when the war will take place between the empire of the king dough and that of the middle ("middle empire" = China).
What form will this conflict take, what spark will cause it?
We talk a lot about Taiwan and the displayed support of the US which annoys the Chinese leaders a lot, but what if it was for an economic reason that it ended up breaking out?
As for the last sentence, it is enough to make anyone laugh with laughter !!!
Who wants to make people believe that American industrial products are capable of competing (even without state subsidies) with Chinese products?