Washington, D.C. – House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement in support of the Administration’s decision to challenge through the World Trade Organization’s (WTO) dispute settlement system India’s prohibited subsidies to five sectors (including its steel industry):
“The Administration’s decision to challenge India’s $7 billion worth of prohibited subsidies is a plain and unmistakable signal that we will not tolerate any failure by our trading partners to live up to their commitments at the expense of U.S. manufacturers, service providers, farmers, and ranchers. Today’s action highlights the value of ensuring that our trade agreements are fully enforceable through binding dispute settlement. We must continue to hold our trading partners accountable and ensure a level playing field for American workers and businesses.
“In responding to India’s prohibited subsidization of its steel industry in this manner, we prove the significance of the WTO dispute settlement process as a powerful, valuable, and appropriate tool in the Administration’s toolbox to address unfair practices that hurt our steel workers and companies. I join the Administration in calling on India to end its unfair trading immediately.”