Wyden Statement on USTR Investigation into Chinese Trade Violations
U.S. Will Investigate Whether China Violated Green Technology Trade Agreements
Washington, D.C. – In response to today’s announcement from the United States Trade Representative that the U.S. has opened an investigation into possible Chinese violations of trade agreements regarding green technology, U.S. Senator Ron Wyden (D-Ore.) – chair of the Finance Committee’s subcommittee on International Trade – released the following statement:
“China’s willingness to subvert international trade agreements is becoming clearer and poses a serious risk to U.S. and global trading systems,” Wyden said. “I’m pleased the USTR took quick and decisive action to protect domestic manufacturers and preserve their ability to compete in global markets. As the investigation proceeds, I look forward to working with the USTR to better strengthen and enforce U.S. trade agreements and thank them for recognizing the urgency of this investigation.”
The investigation itself stems from a petition filed by the U.S. Steelworkers outlining unfair trade practices such as subsidies, market access barriers and other market distorting policies. Senator Wyden and 42 other Senators sent a letter last month to the USTR calling for this investigation. That letter can be read here.
A copy of the USTR’s press release can be found here.