WTO panel rules against Turkey in metals duties dispute with US
FILE PHOTO: The World Trade Organization (WTO) logo is pictured in front of their headquarters in Geneva, Switzerland, October 28, 2020. REUTERS/Denis Balibouse/File Photo
GENEVA (Reuters) -A World Trade Organization dispute panel ruled on Tuesday that Turkey should repeal additional duties imposed on the United States in retaliation for U.S. steel and aluminium tariffs, after Ankara's measure was found to be "inconsistent" with WTO policy.
"The Panel recommends that Turkey bring its WTO-inconsistent measure into conformity with its obligation," the panel said in a report, referring to the Turkish duties.
Turkey acted after Washington imposed a 25% duty on steel imports and a 10% duty on aluminium imports in March 2018 based on the Donald Trump administration's "Section 232" national security investigation into steel and aluminium imports.
The United States initiated dispute settlement proceedings against Turkey over the additional duties, as well as against the European Union, Canada, Russia and other countries over their own retaliatory measures.
The United States welcomed Tuesday's ruling.
"Turkey's decision to pursue this dispute highlights the contradiction of both suing the United States in the WTO and at the same time unilaterally retaliating with tariffs," said Sam Michel, spokesperson for the U.S. Trade Representative (USTR).
Turkey's permanent mission to the WTO in Geneva did not immediately respond to a request for comment.
The United States agreed to remove tariffs on EU imports in 2021, but President Joe Biden's administration has otherwise kept in place the metals tariffs that were one of the centrepieces of Trump's America First strategy.
(Reporting by Gabrielle Tétrault-Farber and Emma Farge; editing by Mark Heinrich)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Malaysia 2027 budget to tackle living costs, fiscal risks as election looms
- Climate summit warns stronger action needed to curb global warming
- Indonesia's Constitutional Court dismisses challenge to Vice President over education credentials
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share