The Trump administration issued a notice Tuesday that denies developing country status to nations the administration deems “wealthy” and says has “abused” special and differential trade treatment under World Trade Organization (WTO) rules.
Among the countries excluded under the administration action are China, Brazil, India, Indonesia, Malaysia, Thailand and Vietnam. The criteria included gross national income per capita exceeding $12,375 or the country's share of world trade.
WTO rules on subsidies permit developing or least developed countries a higher threshold before rules against subsidies would apply to their exports.
The notice included a list of least-developed and developing countries that still enjoy special status under U.S. law, including Bangladesh, Kenya, Cambodia, Honduras, Pakistan, Zimbabwe, Ecuador, Egypt and El Salvador.
Welcome
