丝袜脚交免费网站xx-国产91丝袜在线播放-国产视频一区二区三区在线观看-午夜美女视频-午夜爽爽视频-制服丝袜先锋影音-天天躁日日躁狠狠躁喷水-日韩综合一区二区三区-99思思-日本体内she精视频-欧美精品免费播放-日韩欧美国产不卡-一级在线免费观看视频-韩国午夜理伦三级在线观看按摩房-伦乱激情视频

U.S. steel tariff measures criticized at WTO

Source: Xinhua| 2018-03-24 04:48:49|Editor: Mu Xuequan
Video PlayerClose

GENEVA, March 23 (Xinhua) -- U.S. President Donald Trump's steel and aluminum tariffs on Friday were largely criticized during a World Trade Organization (WTO) meeting in Geneva.

The WTO said in a statement that trade representatives of more than 40 members, including the 28 from the European Union (EU), took the floor to warn against U.S. tariff measures, during a meeting of the Council for Trade in Goods.

WTO members were concerned that the tariff measures would have repercussions on traders' commercial interests and on the predictability and stability of the rules-based multilateral trading system.

Requested by China and Russia, Section 232 investigations, conducted by the U.S. Commerce Department, and measures on imports of steel, were brought to debates on Friday, that drew strong responses from other WTO members.

The U.S. proclamation imposes on Friday a 25 percent tariff on imported steel and a 10 percent on aluminum, resorting to 232 investigations. However, Trump approved the suspension of much-criticized tariffs on steel and aluminum imports from the EU and six other economies.

Chinese representative said the U.S. measure is inconsistent with the General Agreement on Tariffs and Trade (GATT) and the WTO Agreement on Safeguards, calling on the U.S. to refrain from taking unilateral measures, to follow WTO rules and uphold the multilateral trading system.

Russia said the new tariffs exceed the bound rates the U.S. had committed to under WTO rules. It sought further clarification on this exemption and how the measure can be justified under WTO rules.

The EU, Japan and South Korea were among those criticizing the U.S. tariffs measures during the debates.

The EU representative told the meeting that the tariffs could not be justified by a claim to national security, and said the U.S. side was making that claim to keep its industry alive and prosperous.

Japan regretted U.S. action, while South Korea demanded cautious use of national security as a reason for trade barriers.

In response, the U.S. side said that its Secretary of Commerce, in its 232 investigations, had found that quantities of imports and circumstances of global excess capacity for producing steel and aluminium "threaten to impair the national security". He insisted that tariffs are necessary to address the threat.

WTO Director-General Roberto Azevedo estimated afterward that "it is positive to see members continuing to use the WTO as a place to discuss these issues."

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091370612711