• Yttrium Oxide 99.999%min EXW Chinaup(3000)  02-03|Thorium Tungsten Electrode ThO2 1.7-2.2% EXW Chinaup(40)  02-03|Tungsten Scrap CNC Cutting Blades 70%min Ex-VAT Delivered Chinaup(25)  02-03|Tungsten Scrap Drills 88%min Ex-VAT Delivered Chinaup(25)  02-03|Neodymium Metal 99%min EXW Chinaup(28000)  02-03|Spodumene Li2O 5%min In port Chinadown(-80)  02-03|Tantalum Metal 99.95%min EXW Chinaup(100)  02-03|Tungsten Scrap THA 90%min Ex-VAT Delivered Chinaup(25)  02-03|Tin Conc. Burmese 20%min In warehouse MengAdown(-11000)  02-03|Tin Conc. Burmese 30%min In warehouse MengAdown(-11000)  02-03|Ferro-molybdenum 60%min Delivered Indiaup(80)  02-03|Cerium Carbonate TREO 45%min, CeO2/REO 100% FOB Chinaup(50)  02-03|Lithium Carbonate 99.2%min Delivered Chinadown(-4000)  02-03|Ferro-molybdenum 60%min In warehouse Russiaup(70)  02-03
  • EU lodges complaint against WTO for steel and aluminum tariffs in US

    2019-11-06 15:56:07   [Print]
    EU lodged a complaint against WTO on Monday, asking the US to cancel tariffs on imported metals levied by President Trump, which is one of the most concerned and highly controversial cases facing the WTO.

    Trump imposed tariffs of 25% and 10% on imported steel and aluminum respectively in 2018. He relied on a US law of 1962 that allowed him to restrict imports on the grounds of national security.

    The US move prompted steel exporters including China, India, Russia and Turkey to file nine complaints with the WTO. Canada and Mexico have terminated their lawsuits after reaching an agreement with the US on new free trade agreements.

    EU and US officials presented their arguments to a team which is composed of three arbitrators from Uruguay, Chile and the Philippines. The case focused on the "National Security Exception" clause which means that WTO allows its member states to violate WTO obligations on the basis of "national security".

    The core argument of the US is that national security should be judged by the countries themselves, not by a three-member team of WTO.

    The Expert Group of WTO is responsible for handling all seven complaints and has stated that it will not make a ruling before the fourth quarter of 2020, so the ruling may be made after the US presidential election on November 3.

    .Asian Metal Copyright Asian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.