Biden Administration Takes Aim at China’s Industrial Subsidies

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The Biden administration is targeting Beijing’s use of industrial subsidies that give its companies an edge over foreign rivals

The Biden administration is targeting Beijing’s widespread use of industrial subsidies that give its companies an edge over foreign rivals, an effort that could lead to new sanctions on Chinese imports and further strainAdministration officials are considering launching an investigation

into Chinese subsidies under Section 301 of the U.S. trade law, which could lead to new tariffs, according to people familiar with their plans. The White House is also looking to team up with Japan and other allies in Asia, and rally support within the World Trade Organization to take on

 

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China's industrial subsidies violate the WTO. For example, Boeing makes better planes than COMAC. The Boeing 737 Max has more passengers, longer distance and better fuel efficiency than COMAC's plane, but China hasn't allowed the 737 to fly, though ever other country cleared it.

yeah they.. have to..

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