While Defending Trump Aluminium Tariffs, Washington Initiates Quintet Of Complaints To Retaliatory Tariffs At WTO

Robert Lighthizer

The fallout from the Trump administration’s blanket tariffs on steel and aluminium continued on Monday with the United States government’s filing of a slew of World Trade Organization dispute actions against governments who have levied retaliatory tariffs against American exports.

United States Trade Representative Robert Lighthizer said in a statement on Monday that Washington, D.C. has filed complaints against the People’s Republic of China, the European Union, Canada, Mexico, and Turkey over retaliatory tariffs that the U.S. government expects will impact US$28.5 billion in exported goods.

“These tariffs appear to breach each WTO member’s commitments under the WTO Agreement,” Lighthizer opined. “The United States will take all necessary actions to protect our interests, and we urge our trading partners to work constructively with us on the problems created by massive and persistent excess capacity in the steel and aluminum sectors.”

Though Lighthizer’s office, along with the rest of the Trump administration, has continued to hold that the tariffs are the result of a manifest need to protect the nation’s security, an ever-growing choir of contention continues to call out to the contrary.

“The purchases the United States makes of steel and aluminum from Mexico do not represent a threat to the national security,” posited Mexico’s Economy Ministry in a recent statement on the subject.

“On the contrary, the solid trade relationship between Mexico and the U.S. has created an integrated regional market where steel and aluminum products contribute to the competitiveness of the region in various strategic sectors, such as automotive, aerospace, electrical and electronic.”

Mexico went on to say that it will defend its own tariffs due to the lack of justification in the U.S.’s measures.

In previous weeks the USTR’s office argued that the retaliatory tariffs at issue are illegitimate as they are based in false assumptions that the Trump administration’s Section 232 tariffs are “safeguard” measures not tied to national security.



Comments are closed here.

SUBSCRIBE
Events
LME
  • Cash Buyer 1931.00 -0.05%
  • 3-Months Buyer 1944.50 -0.05%

LME Official Price(USD/tonne) for 14 November 2018

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close