Fin24

Obama defends China rare earths WTO case

2012-03-13 18:25

Washington - President Barack Obama said on Tuesday that a trade case brought by the United States, European Union and Japan to settle a dispute with China over its rare earth exports was designed to ensure US workers got a fair shot in the global economy.

“We’ve got to take control of our energy future and we cannot let that energy industry take root in some other country because they were allowed to break the rules,” he said in a statement in the White House Rose Garden.

“So our administration will bring this case against China today. We will keep working every single day to give American workers, and American businesses, a fair shot in the global economy,” he said.