The U.S. said it will combat the “distortions” to the world economy created by China’s economic system, especially in markets for steel and aluminum.
In a report to Congress, the U.S. Trade Representative’s office said its primary goal is to defend the government’s ability to impose duties on China for dumping goods at artificially low prices or unfairly subsidizing Chinese firms. China’s economic system, which doesn’t operate based on market principles, is hurting American workers and industries, USTR said a report on its enforcement priorities to the Senate Finance and House Ways and Means committees.
