International Trade News

U.S. Wins WTO Case Against India Involving Billions in Subsidies

Oct. 31, 2019, 4:05 PM

The U.S. won a case against India at the World Trade Organization alleging improper use of export subsidies valued at more than $7 billion.

The WTO’s dispute-resolution panel agreed that “India gives prohibited subsidies to producers of steel products, pharmaceuticals, chemicals, information technology products, textiles, and apparel, to the detriment of American workers and manufacturers,” the U.S. Trade Representative in Washington said in a statement Oct. 31.

WTO rules prohibit export subsidies, but makes exceptions for developing countries until they reach certain economic benchmarks. India’s exemption expired, according to USTR, and the Geneva-based trade body rejected the country’s position that...

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