WTO

18:28
Today
Telegraph

UNN

World news: EU initiated the case to the WTO because of the US tariffs on steel and aluminum.

The European Union on Friday filed a request for consultations with the United States on tariffs on steel and aluminium, declared by Washington, which is the first step in the process of dispute settlement in the world trade organization. This is with reference to the representative of WTO, according to Reuters.

“WTO Secretariat received the EU’s request for consultations on the settlement of disputes regarding the measures provided for 232-th article (law on the expansion of trade – ed.), States,” the official said, WTO, adding that the text would be made public only after its distribution among all member States of the WTO.

Earlier, the European Commissioner for trade Cecilia Malmstrom said that the EU will submit to the WTO case to challenge the legality of the new tariff of the United States, saying that talks with Washington are currently impossible .

“We’re not in the trade war, but we are in a very difficult situation,” Malmstrom was quoted by the Guardian.

“I would not use the term “trade war”, because it has a psychological effect, but the situation is a concern … the United States playing here a dangerous game,” she added.

She stated that the tariffs, according to the US needed for internal security to reach the “pure protectionism”.

In this edition indicates that the EU has not made a final decision on a “mirror” measures concerning products from the United States, though there is a list in which classic American products such as Levi’s jeans, Bourbon, cranberries and peanut butter.

The European Commission needs to consult with diplomatic representatives of member States to the announcement of the list. “We have not taken final decisions on this issue, but we will use this list, of course, but we need to answer, and to do so with a sense of proportion,” added the Commissioner.