Europe, U.S. Escalate Trade War With New Disputes at the WTO
- EU, China disputes concern Trump’s national security tariffs
- Trade referee to consider requests at Oct. 29 meeting
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China and the EU have joined a group of countries asking the World Trade Organization to investigate the Trump administration’s decision to impose metals tariffs on national security grounds. In a separate filing, the U.S. asked the WTO to review those nations that retaliated against its duties.
The move sets the stage for a showdown at the Geneva-based trade arbiter that some fear could either lead to a U.S. exit or a flood of new protectionist measures invoking what has until now been a rarely used national security loophole in global trade rules.