ThunderBlade + 231 TB November 21, 2018 The United States and opponents of President Donald Trump’s steel and aluminium tariffs both confirmed their wish to litigate on Wednesday, triggering the procedure for World Trade Organization dispute hearings, a Geneva trade official said.China, the European Union, Canada, Mexico, Norway, and Russia all confirmed they would escalate their disputes by starting adjudication proceedings, while the United States confirmed its wish for dispute panels against Canada, China and the EU.“The United States cannot abide this level of hypocrisy,” a U.S. official told the meeting in response to each challenge to the steel and aluminium tariffs, according to a transcript of remarks provided to Reuters. Washington says the metals tariffs, imposed by Trump in March, are a national security measure, and therefore exempt from WTO rules. 1 Quote Share this post Link to post Share on other sites
Pavel + 384 PP November 21, 2018 WTO is an outdated, un-needed, irrelevant organization anyways. And, they are tiger on paper.... Quote Share this post Link to post Share on other sites
pinto + 293 PZ November 21, 2018 This is beyond laughable...Oh, they are still around and talking out loud? Quote Share this post Link to post Share on other sites
50 shades of black + 254 November 21, 2018 6 minutes ago, ThunderBlade said: (...) ... Washington says the metals tariffs, imposed by Trump in March, are a national security measure, and therefore exempt from WTO rules. This is how Norway arguments its request about WTO panel on US tariffs: Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD November 21, 2018 US tariffs are big challenge for WTO. If WTO permits them, any country could do the same thing, opening the door to protectionism. If WTO rules against Trump, he could see this as political justification to just withdraw from the agreement. So, no win-win option... 1 Quote Share this post Link to post Share on other sites
rainman + 263 November 21, 2018 Pascal Lammy, the former director general of the WTO, few days ago said: WTO minus US.... "President Trump is right that the World Trade Organization badly needs reform. Keeping the United States within the WTO should obviously be Plan A. But it would be prudent for other members to start thinking about devising a new international trade organization minus the United States in order to avoid the “my way or the highway” blackmail that has become the American president’s signature negotiating style...." https://www.washingtonpost.com/news/theworldpost/wp/2018/11/12/wto-2/?utm_term=.d5f8e2d7db0b Quote Share this post Link to post Share on other sites
Petar + 76 PP November 21, 2018 10 minutes ago, rainman said: Pascal Lammy, the former director general of the WTO, few days ago said: WTO minus US.... "President Trump is right that the World Trade Organization badly needs reform. Keeping the United States within the WTO should obviously be Plan A. But it would be prudent for other members to start thinking about devising a new international trade organization minus the United States in order to avoid the “my way or the highway” blackmail that has become the American president’s signature negotiating style...." https://www.washingtonpost.com/news/theworldpost/wp/2018/11/12/wto-2/?utm_term=.d5f8e2d7db0b And, it would be great to see what Xi and the Chinese would do when WTO open the door widely for them.... Quote Share this post Link to post Share on other sites
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