The Philippine Star

EU seeks to join US-China steel dispute at WTO

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BRUSSELS (Reuters) – The European Union asked on Monday to join a dispute brought by China to the World Trade Organizati­on over US import tariffs on steel and aluminum, just over a week before US President Trump decides whether they should apply to Europe.

The US administra­tion has set duties of 25 percent on steel and 10 percent on aluminum on grounds of national security, but provided a temporary exemption until May 1 for the European Union.

China has taken the United States to the WTO over the measures. The first step in the WTO process involves consultati­ons.

The WTO said on Monday that the European Union had made a formal request to join the consultati­ons as a party with a significan­t trade interest in the matter.

The EU noted, according to the WTO, that its interest was substantia­l because if the exemption ended then the US measures would hit EU exports.

Hong Kong, India, Russia and Thailand have all filed requests to join the consultati­ons. The EU is the first of the parties granted an exemption to seek to join the dispute.

Canada, Mexico, Australia, Argentina, Brazil and South Korea also received temporary exemptions. South Korea’s has since been extended indefinite­ly.

The European Commission, which coordinate­s trade policy for the 28-member EU, said that the bloc wanted to be granted a permanent exemption without conditions.

Separately on Monday, India, Russia, Norway, Singapore, Switzerlan­d, Turkey and Venezuela joined China in expressing their concerns or disappoint­ment at the US metals tariffs.

A European Commission source said it was normal for the EU to seek to observe consultati­ons and be able to submit its own views if it had a substantia­l interest and considered the WTO as the appropriat­e forum to settle disputes.

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