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Monday, April 16, 2018

EU-USA Relations: EU drags US to WTO over steel, aluminum tariffs

EU-US Relations turn sour
The European Union on Monday complained to the World Trade Organization over US tariffs on steel and aluminum imports.

The move comes despite US President Donald Trump temporarily exempting the 28-nation bloc from the tariffs that have threatened to trigger a trade war.

The EU made following statement in reference to their WTO complaint
  • The EU rejects the "national security" justification for the US tariffs and believes they have been imposed just to protect US industry.
  • It wants to hold consultations with the US as soon as possible.
  • The aim of the discussions would be to "exchange views and seek clarification regarding the proposed measures."

Read more: EU drags US to WTO over steel, aluminum tariffs | News | DW | 16.04.2018