World

Switzerland launches WTO action over US steel, aluminium tariffs

Reuters Geneva | Updated on July 10, 2018

FILE PHOTO: Freshly laminated rails are seen during the cooling process at a steel factory.   -  REUTERS

Switzerland has launched a complaint at the World Trade Organization against US tariffs on steel and aluminium, it said on Tuesday, the eighth WTO member to start such a challenge.

“From Switzerland's point of view, the additional duties, which according to the US have been introduced to protect national security, are unjustified,” the statement from the Swiss economy ministry said in a statement.

Under WTO rules, the United States has 60 days to settle the issue. After that time, Switzerland could escalate the dispute by asking the WTO to set up a panel of judges to adjudicate.

Published on July 10, 2018

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like