Skip to content
Subscriber Only
Markets
Economics

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

Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here

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.