12 August, 2020

Switzerland launches WTO action over U.S. steel, aluminum tariffs

GENEVA (Reuters) – Switzerland has launched a complaint within the World Trade Organization against U.S. tariffs on steel and aluminum, it said , the eighth WTO member get started on this sort of challenge.

“From Switzerland’s point of view, the extra duties, which according to the U.S. are actually travelling to protect national security, are unjustified,” the statement from your Swiss economy ministry said inside a statement.

Under WTO rules, north america has 8 weeks to settle the problem. That point on, Switzerland could escalate the dispute by asking the WTO to install a panel of judges to adjudicate.