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WTO rules against Trump’s steel and aluminum tariffs

2022-12-11 08:55:03       source:The Associated Press

December 10, 2022


WASHINGTON (AP) — The World Trade Organization has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules.


Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and Japan, because he relied on a little-used provision of U.S. trade law to declare their steel and aluminum a threat to U.S. national security.


China and other trading partners challenged the tariffs at the 164-nation WTO.


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https://apnews.com/article/europe-business-china-japan-donald-trump-2d3985888eaaec782e38dd9e05c7bb0e