Chance for India, US to resolve duty dispute as WTO defers ruling
Updated Feb 10, 2021 05:16 am
- The World Trade Organization has pushed back its dispute panel’s rulings on the US’ tiff with India, the EU and four others nations over higher duties on some steel and aluminium products to the second half of this year on account of the pandemic.The development gives the Joe Biden-led US government more time to resolve the dispute through consultations.
- Russia, Norway, Turkey, Switzerland, and European Union too had dragged the US to the WTO on Washington's move to impose 25% and 10% import duties on certain steel and aluminium products in 2018. The US had said the duties were measures for national security.
comment
Comments