Steel

A week in Brussels: EU industry says no to steel safeguards, India data adequacy, Brexit TRQs
A week in Brussels EU trade latest India Steel UK WTO & 3rd countries UK-EU negotiations

A week in Brussels: EU industry says no to steel safeguards, India data adequacy, Brexit TRQs

This week’s top stories: Britain and services in the WTO, a big bazooka in the WTO’s dispute settlement body, a Japan deal at risk of falling victim to German and other social-democratic political decline, member states wrangling over rice imports from Myanmar and Cambodia. But also these stories here: Top …

EU trade latest Steel Trade defence United States & TTIP WTO disputes

Flash! EU WTO panel request on US Section 232 proceeds

The World Trade Organization’s dispute settlement body will establish panels based on complaints filed by China, the European Union, Canada, Mexico, Norway, and Russia against United States tariffs on steel and aluminium introduced for national security reasons last spring. A Turkish panel request is still pending at the time of writing. …

Beyond Brussels: Chain reaction to Section 232 duties picks up speed
Beyond Brussels EU trade latest Steel United States & TTIP WTO disputes

Beyond Brussels: Chain reaction to Section 232 duties picks up speed

US duties on steel and aluminium are not only taking a toll on countries across the globe, but they’re triggering a “wave of direct and indirect actions and reactions” that is likely to expand in the coming weeks and months. “Obviously one country’s action becomes the second country’s reason to …

EU post-Section 232 steel safeguard measures criticised in WTO meeting
EU trade latest Steel United States & TTIP WTO disputes

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 …

Beyond Brussels: US WTO complaints against Section 232 retaliation – the arguments
Beyond Brussels EU trade latest Steel United States & TTIP WTO disputes

Beyond Brussels: US WTO complaints against Section 232 retaliation – the arguments

The Trump administration’s trade complaints against import duties applied by Canada, China, the EU, Mexico and Turkey on US goods are short and sweet – and almost identical. Washington argues that the measures are discriminatory and, except in the case of Mexico, they exceed permitted duty rates. The US lodged …

Section 232: US brings dispute on EU, Chinese ‘rebalancing’ measures to WTO
China EU trade latest Steel United States & TTIP WTO disputes

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 …

INTA hearing:  Evaluation of this Commission's term with regards to trade  policy: Pros and Cons
EU trade latest European Parliament Steel Trade defence United States & TTIP WTO disputes

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 …