U.S. To Appeal WTO Steel Decision, Maintain Tariffs

Jan. 13, 2005
By Agence France-Presse The United States said July 11 it would appeal a WTO ruling that tariffs to protect U.S. steel producers were illegal, and would keep the duties in place. "The steel safeguard measures will remain in place" while the ruling is ...
By Agence France-Presse The United States said July 11 it would appeal a WTO ruling that tariffs to protect U.S. steel producers were illegal, and would keep the duties in place. "The steel safeguard measures will remain in place" while the ruling is being appealed, U.S. Trade Representative spokesman Richard Mills said. "Safeguard measures are allowed under WTO rules. Many countries have used them. We believe the steel safeguard measures comply with our international obligations. In accordance with U.S. law and WTO rules, the safeguard is a temporary measure, designed to help domestic producers adjust to import competition." A panel of three independent experts rejected the arguments laid down by the United States that its safeguard measures were needed because of increased steel imports that were hurting its domestic steel producers. The European Union initiated the complaint and was joined by Brazil, China, Japan, New Zealand, Norway, South Korea and Switzerland in a joint complaint, lodged at the Geneva-based WTO last year. According to the report, the United States failed to provide a "reasoned and adequate explanation" of a link between increased imports and "serious injury" caused to U.S. producers. Copyright Agence France-Presse, 2003

Popular Sponsored Recommendations

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

The Ultimate Ecommerce Excellence Checklist

Oct. 2, 2023
Scaling ecommerce operations is no easy task when your business is moving fast. Assess your current ecommerce maturity level and set optimization priorities with this practical...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!