The complaint, the 15th filed against China by the Obama administration since 2009, argues that China is not “transparent, predictable or fair” in its administration of tariff-rate quotients, which protect its domestic farmers by taxing imports at a higher rate.
ByJelter Meers/The Midwest Center for Investigative Reporting |
The United States filed a complaint Tuesday against China for violating World Trade Organization commitments by excessively subsidizing its corn, wheat and rice production — hampering the global sale of American commodities in the process.
Arrest warrants have been issued for a Nicaraguan grains business owner and his daughter after the pair failed to pay $2.5 million to Archer Daniels Midland for import contracts. The Nicaraguan grains business allegedly failed to pay millions of dollars to Chicago-based agriculture superpower ADM for rice imports, according to Reuters.