The US slammed China's complaint, insisting that the latter was seeking "to distract from its own non-market policies and practices that undermine a fair, competitive, and mutually beneficial trading system".
The world's second-largest economy initially brought the case to the WTO in March, charging that the US Inflation Reduction Act (IRA) "formulates discriminatory subsidy policies for new-energy vehicles", referencing a classification that includes electric cars and hybrids.
In 2022, the US announced a massive aid programme to support companies in the energy transition sector and electric cars manufactured on American soil.
Bu hikaye The Straits Times dergisinin September 24, 2024 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin September 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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