Russian Federation launches WTO challenge against United States steel, aluminium tariffs

Russian Federation launches WTO challenge against United States steel, aluminium tariffs

On Thursday, Reuters reported that Russian Federation turned to the WTO demanding compensation from the USA for tariffs on steel and aluminum.

Meanwhile, the USA has told the WTO that it had agreed to discuss with China the Trump administration's efforts to slap tariffs on steel, aluminum and an array of goods from China.

"We are a seeing a recovery and a potential growth in trade and global growth but it is threatened by these tariffs", she told reporters in Strasbourg, France.

President Donald Trump's administration has said the steel and aluminium tariffs were needed on national security grounds and are therefore permitted under worldwide trade law.

The US has responded to the EU's and India's requests in the same fashion. However, these tariffs will be waived until May 1 on products from Canada, Mexico, the European Union, Australia, Argentina, Brazil and South Korea.

Russian Federation launches WTO challenge against United States steel, aluminium tariffs
Russian Federation launches WTO challenge against United States steel, aluminium tariffs

Russia has sent a request to the WTO on Thursday to hold consultations with the United States on the steel and aluminum duties imposed by Washington, Russia's Ambassador to the WTO Gennady Ovechko told TASS.

Gao said the two sides have not yet held any bilateral talks over the U.S. Section 301 investigation and the proposed United States tariff list on Chinese goods.

"We have not offered the USA anything".

"We expect to be permanently and unconditionally excluded from these measures", Malmstroem said as the commission launched the approval process for trade deals it has struck with Japan and Singapore. The EU shares numerous U.S.'s concerns about Chinese trade practices and would like to work with.

"It's always worrisome if any of our partners are willing to take unilateral action against us, or against any of us", he said, but he noted that "support for multilateralism has strengthened recently because of unilateral actions".


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