India launched complaint against United States steel tariffs to WTO

Vastavam web: India has launched a complaint against the United States to challenge U.S. President Donald Trump’s tariffs on steel and aluminium, a filing published by the World Trade Organization showed on Wednesday. Indian officials told Reuters last month that their government would open a WTO dispute if the country’s firms were not granted an exemption.

Trump imposed the tariffs in March, levying 25 percent on steel imports and 10 percent on aluminium. He said they were justified by national security concerns and therefore outside the WTO’s remit. India’s retaliation claim seeks to recoup a cost of $31 million levied on its aluminium exports and $134 million on steel, and it has said it could target U.S. exports of soya oil, palmolein and cashew nuts in its retaliation. Under WTO rules, the United States has 60 days to settle the complaint, after which India could ask the WTO to set up an expert panel to adjudicate.

However, uncertainty is hanging over the WTO’s dispute settlement system because Trump is vetoing the appointment of new appeals judges. It said they broke the WTO’s safeguards agreement and the United States was trying to use its tariffs to get other countries to agree to “voluntary export restraints”.