U.S. Could Face Trade Panel On Steel As Soon As May 6

Jan. 13, 2005
By John S. McClenahen If trade talks during the next 60 days don't result in the U.S. terminating the tariffs and quotas on imported steel that President Bush announced on March 5, the 15-nation European Union (EU) could ask the World Trade ...
ByJohn S. McClenahen If trade talks during the next 60 days don't result in the U.S. terminating the tariffs and quotas on imported steel that President Bush announced on March 5, the 15-nation European Union (EU) could ask the World Trade Organization as early as May 6 to create a formal dispute resolution panel. Talks between the U.S. and the EU last week -- known in the arcana of trade as consultations -- did not resolve the issue. Japan, South Korea, China, Switzerland and Norway also participated in last week's talks and beginning in mid-May they too could request WTO dispute resolution panels. The EU and the others contend that the steel tariffs and quotas violate WTO rules; the U.S. disagrees.

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 ...

Lean Manufacturing in the Age of the Industrial Internet

Oct. 24, 2023
Read how advanced MES capabilities can help you improve your labor utilization, reduce WIP, and optimize your production. Download the white paper today.

Modern Edge Computing Accelerates Smart Manufacturing Initiatives for Discrete Manufacturers

Oct. 22, 2023
Discover how Edge Computing platforms are a requisite for discrete manufacturers to solve production challenges, accelerate digitalization, and establish a reliable infrastructure...

Discrete and Process Manufacturing 2024 Trends and Outlook for North America

Oct. 29, 2023
Manufacturers are reaping the benefits of automation and cloud-based solutions. Discover what is driving today's industry trends and how they can shape your growth priorities ...

Voice your opinion!

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