Barack Obama took legal action against Chinese rice, wheat and more at the World Trade Organization.
Washington:
US President Barack Obama launched legal action against $100 billion worth of "unfair" Chinese rice, wheat and corn subsidies at the World Trade Organization on Tuesday, setting up a culturally sensitive trade spat.
"China's government has set prices for wheat, corn, and rice well above market levels, which has led to unfair government subsidies that are in violation of WTO rules," Obama said in a statement announcing the action.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
"China's government has set prices for wheat, corn, and rice well above market levels, which has led to unfair government subsidies that are in violation of WTO rules," Obama said in a statement announcing the action.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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