: :inin Kyiv (EET)

US metal-tariffs showdown at WTO to shake world trade order


Move over Russia, Ukraine and Saudi Arabia. The US looks set to join the group of countries embroiled in disputes at the World Trade Organization involving curbs imposed on national-security grounds.China said it would complain to the WTO about US President Donald Trump’s import tariffs on steel and aluminium after failing to win an exclusion, which Washington gave to others such as Canada, Australia and the 28-nation EU. The US levies stem from probes by Commerce Secretary Wilbur Ross under a little-used part of a Cold War-era American law.The Geneva-based WTO has never ruled on a dispute involving trade restrictions …read more

Source: Gulf times

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