Steel

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EU post-Section 232 steel safeguard measures criticised in WTO meeting

The EU’s safeguard measures on steel, introduced this summer to avoid deflection of pipes, wires and rods following Washington’s decision to impose 25% steel tariffs on national security grounds, is raising hackles with trading partners. Seven World Trade Organization members expressed their grievances in Geneva today against the bloc’s decision …

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Section 232: US brings dispute on EU, Chinese ‘rebalancing’ measures to WTO

Washington has hit back at five World Trade Organization members for “illegal” tariffs that were imposed on US products in response to the Trump administration’s decision to apply duties on foreign steel and aluminium. The US announcement today that it had filed five complaints targeting the EU, China, Canada, Mexico and …

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Commission paints bleak picture of EU-US trade relations

A top European Commission trade official painted a bleak picture of transatlantic relations to a European Parliament committee today, saying US import duties on steel and aluminium as well as possible tariffs on foreign cars and car parts are “clearly detrimental” and potentially catastrophic for world trade.   The outlook …

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Week ahead in EU trade: Australia and New Zealand, duties on US goods, INTA

This week promises to be busy, with the European Parliament’s trade committee debating a range of issues including EU ties with the US and Latin America, the launch of trade negotiations with Australia and New Zealand, and the start of the bloc’s tariffs against US goods to strike back at …

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Beyond Brussels: WTO complaints against US duties are similar, but not the same

So far, six World Trade Organization members have lodged complaints challenging President Donald Trump’s assertion that tariffs on steel and aluminium are needed to protect US national security. They are broadly similar, but hardly identical, and some of the differences are quite noteworthy.   More members have ganged together in …

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Steel and aluminium: Switzerland caught between US tariffs and EU safeguards

Switzerland is caught between a rock and hard place as the trade frictions between the European Union and the United States intensify. The Swiss are also seeking an exemption from planned EU safeguard measures on the metals.   Switzerland is a small, open trading nation at the heart of Europe …