Canada filed WTO complaint over ‘illegal’ US steel tariffs - News from all over the world

News from all over the world

Read the Latest News On Business, Politics, Sports, Entertainment & Much More From India And Around The World. Get latest news headlines from India & around the world. Check today's news, breaking news much more...

Breaking

Home Top Ad

Responsive Ads Here

Post Top Ad

Responsive Ads Here

Sunday, June 3, 2018

Canada filed WTO complaint over ‘illegal’ US steel tariffs

OTTAWA: Canada filed a complaint at the World Trade Organization in response to “illegal” US tariffs on imports of Canadian steel and aluminium, Foreign Minister Chrystia Freeland said.

“These unilateral tariffs, imposed under a false pretext of safeguarding US national security, are inconsistent with the United States’ international trade obligations and WTO rules,” Freeland said in a statement issued yesterday.

Canada will coordinate its WTO case with the EU, which also filed a challenge. It also requested a review of the US measures under the North American Free Trade Agreement Chapter 20 trade dispute mechanism.

“As a key NORAD and NATO ally of the United States, and as the number-one customer of American steel, Canada views the US trade restrictions imposed on Canadian steel and aluminium as absolutely unacceptable,” Freeland said.

On Thursday, Washington announced tariffs of 25 per cent on Canadian steel imports and 10 per cent on aluminium.

Ottawa immediately hit back with proportional Can 16.6 billion (12.8 billion US) in tariffs on US steel and aluminium as well as consumer goods. PTI



from India Post https://ift.tt/2LVEN7t

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here

Pages