US launches five WTO challenges to retaliatory tariffs

[Soph0571]

The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum.

The retaliatory tariffs on up to a combined $28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.

“These tariffs appear to breach each WTO member’s commitments under the WTO Agreement,” he said. “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.”

[link:https://www.rawstory.com/2018/07/us-launches-five-wto-challenges-retaliatory-tariffs/|

Fucking hell. Your government is INSANE!
Start a trade war but effectively sue when nations bite back. So very very Trump

[Takket]

1. Are you KIDDING ME????

That is like shooting someone, calling the cops, and complaining to them that the corpse stole your bullet.

[Soph0571]

2. Great analogy

Sad thing is the WTO plays by the rules, so every country affected by this bollocks needs to also put in challenges. They are all about the process.