Oregon U.S. Senator Ron Wyden, who chairs the Senate Finance Committee’s efforts on getting to the bottom of the country’s trade problems, has just released a report that shows that China’s growing trade surplus with the world, including green energy products like wind energy turbines and solar panels, is due to China’s reckless violation of international trade laws. Sen. Wyden says it’s all about illegal government subsidies that allow China to sell very expensive green energy generation equipment on world markets at prices far below what any other country can make it for.
Here’s the Senate committee’s report. Click Here.