20 October 2004 19:24 [Source: ICIS news]
WASHINGTON (CNI)--An independent ?xml:namespace>
Richard D’Amato, chairman of the US-China Commission (USCC), charged in a letter to Congress that “the Chinese are ripping the bedrock of our manufacturing base out from under us, and the government in
Formally titled the US-China Economic and Security Review Commission, the USCC said today that its new survey of the impact of US-China trade on key US manufacturing sectors finds that “Unfair Chinese trade policies are having a devastating impact on manufacturing and employment” in the US.
USCC said it is urging the Bush administration to “immediately pursue a WTO action against
“We feel,” the commission statement said, “that the Treasury Department and the US Trade Representative (USTR) should immediately file a WTO complaint, and if such action is not forthcoming, Congress should move to enact pending legislative measures to force such action.”
In addition to the currency issue, USCC said US manufacturers and exporters have become “heavily disadvantaged” by the terms of
USCC said the
The USCC is an independent
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|