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China opens dispute against U.S. at WTO over 'discriminatory subsidies'

China has initiated dispute settlement proceedings against the United States at the World Trade Organization to safeguard its interests in the electric vehicle industry, the Chinese mission said on Tuesday and the WTO confirmed. China said it was contesting "discriminatory subsidies" under the U.S. Inflation Reduction Act that it said resulted in the exclusion of goods from China and other WTO countries. The wide-ranging law provides billions of dollars in tax credits to help consume...
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Source: yahoo.com

China to challenge Joe Biden's electric vehicle plans at the WTO

China has filed a complaint with the World Trade Organisation against the US for what it claims are discriminatory requirements for American subsidies for electric vehicles. The US policy excludes critical minerals or battery components made by certain countries, including China, from eligibility for tax credits, leading to accusations of unfair competition.
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China Opens Dispute Against US at WTO over 'Discriminatory Subsidies'

China has initiated dispute settlement proceedings against the United States at the World Trade Organization (WTO) to safeguard its interests in the electric vehicle industry, the Chinese permanent mission to the WTO said on Tuesday. China said it was contesting "discriminatory subsidies in nature" under the US Inflation Reduction Act it said resulted in the exclusion of goods from China and other WTO countries.
United States World Trade Organization China Ministry Of Commerce Reduction Act
Source: aawsat.com

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