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Bush Administration Charges China with Violating World Trade Standards.
Knight Ridder/Tribune Business News, March, 2004
By James Toedtman, Newsday, Melville, N.Y. Knight Ridder/Tribune Business News
Mar. 19--WASHINGTON -- The complex U.S.-China trading relationship grew even more complex yesterday as the Bush administration formally charged Beijing with violating world trade standards.
The allegation filed with the World Trade Organization followed months of negotiation and a growing concern with the U.S.-China relationship in the face of a $124-billion trade imbalance, the loss of 2.8 million U.S. manufacturing jobs, and the continued sluggishness of the U.S. economic recovery.
U.S. Trade Representative Robert Zoellick charged that Beijing's 17 percent tax on imported semiconductors amounted to a trade barrier because comparable equipment manufactured...
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