Supreme Court Hands Trump Win In China Antitrust Case
- 6 years ago
On Thursday, Reuters reported that the U.S. Supreme Court sided with the Trump administration and against China on a disputed aspect of their fraught trade relationship. The Supreme Court threw out a lower court ruling that had allowed two Chinese vitamin C makers to escape $148 million in damages for violating American antitrust law. China asked the court to dismiss the allegations because its laws had forced Chinese companies to comply with government-mandated pricing regimes.