WTO to examine China complaint over US electric vehicle subsidies
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The WTO agreed on Sept 23, 2024, to establish an expert panel to examine China's complaint against US electric vehicle subsidies, which Beijing claims are discriminatory. China initially brought the case in March, arguing that the US Inflation Reduction Act (IRA) violates WTO rules by distorting competition. The US defends the IRA as a climate crisis response and a means to enhance economic competitiveness. The US blocked an initial request for a panel in July, but a second request was granted. The dispute occurs amid rising tensions between the US and China over trade issues, including tariffs and technology.
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https://www.spacedaily.com/reports/WTO_to_examine_China_complaint_over_US_electric_vehicle_subsidies_999.html
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