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U.S. Revokes WTO Subsidy Preferences for Some Developing Nations

  • Export powerhouses China, Brazil, India, South Africa targeted
  • Move comes as Trump administration aims to reset WTO rules
Operations at JPNT Port as NEC Corp. Transmitters Point to Strengthening Relationship Between Tokyo and New Delhi
Photographer: Dhiraj Singh/Bloomberg

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The Trump administration is changing a key exemption to America’s trade-remedy laws to make it easier to penalize about two dozen so-called developing countries including China, India and South Africa.