May 28, 2014

That 'Car War' with China? U.S. Already Lost

Ed Niedermeyer, Bloomberg

The Associated Press

Critics of China are fired up over the World Trade Organization's ruling on Friday that Chinese tariffs on American-made SUVs and luxury cars violate international rules, coming as it does amid U.S. allegations of Chinese hacking of U.S. businesses. Echoing the rhetoric that helped President Barack Obama win crucial Ohio votes in 2012, Democrats from the industrial Midwest trumpeted the ruling as a "significant victory" for American manufacturing jobs. “It is time for China to start playing by the rules," said United Steelworkers president Leo Gerard, who urged the White House to "aggressively enforce our trade laws to make sure American workers get a fair shake."

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TAGGED: Cars, Auto Industry, United States, China

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