Beijing 'Regrets' Washington's WTO Grain Complaint

(Beijing) — China said Friday it "regretted" a U.S. complaint with the World Trade Organization (WTO) over Beijing's management of a tariff quota for some crop imports — a quota that allegedly cost American farmers billions of dollars in potential exports.

The U.S. lodged the case on Thursday, charging that Beijing's administration of its tariff-rate quotas (TRQs) for rice, wheat, and corn "breaches China's WTO commitments and undermines American farm exports," the Office of the United States Trade Representative (USTR) said in a statement.