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European India submits to the WTO a list of retaliation against the United States unanimously oppose

  • Author:Dong Xing
  • Source:aluminummanufacturerchina.com
  • Release on :2018-06-06

Reuters reported on the 21st that the documents of the World Trade Organization (WTO) show that India has submitted to the WTO a list of US products that may be subject to high tariffs to retaliate against US measures to impose tariffs on imported steel and aluminum products. India’s aluminum products and steel products are subject to additional US$31.16 million and US$134 million tariffs levied by the United States, and India has therefore listed some of its imports from the United States as potential targets for retaliatory tariffs. The EU on the 21st confirmed that it submitted a list of tariff revenge to the WTO, and also intended to counter the steel and aluminum tariffs imposed on the EU by the United States. Both lists will come into effect within one month.

"The Times of India" reported on the 20th that India stated in its letter to the WTO that because the United States raised tariffs on specific products, India decided to suspend other obligations such as (tariff) concessions and impose tariffs on certain products originating from the United States. The total amount of trade involved is equivalent to the trade volume of the United States increasing the impact of steel and aluminum tariffs. In addition, India also reserves the right to take further "equivalence" measures for its products.

According to the report, if the United States does not withdraw its high tariffs on India's specific steel and aluminum products, India will start to impose tariffs of up to 100% on 20 products imported from the United States next month. These 20 products include peas and chickpeas. , Fresh apples, walnuts, soybean oil, refined palm oil, cocoa powder, chocolate products, golf carts, motorcycles and other trains with an engine capacity exceeding 800cc, internal combustion piston engines, etc., the proposed tariff increase from 5% to 100% Not equal.

US President Trump signed two statements in early March. In addition to products from Canada and Mexico, the United States will impose a 25% tariff on imported steel and a 10% tariff on imported aluminum. This will trigger a global trade war. Worry. Earlier, India, in accordance with the WTO Agreement on Safeguard Measures, had urged the United States to exempt from tariff increases on steel and aluminum products produced in India. India exports approximately 1.5 billion U.S. dollars worth of steel and aluminum products to the United States each year. India's exports to the United States for the fiscal year 2016-2017 amounted to 42.2 billion U.S. dollars, while imports amounted to 22.3 billion U.S. dollars. India’s steel exports to the United States will be subject to a tariff of US$ 134.4 million, while the tariffs on exports of Alcoa products will be US$ 31.16 million. India stated that this decision will affect the export of these products to the United States and does not comply with global trade regulations.

The letter also revealed that "if the United States decides to continue implementing these measures, the suspension of the franchise will take effect before June 21, 2018. Before the US safeguards are lifted, the suspension of the franchise will continue to apply." India will also tow the United States Into the World Trade Organization dispute settlement mechanism for the collection of import duties on steel and aluminum products.

"The EU toughly responded to U.S. tariffs." The German news agency reported on the 21st that the European Union confirmed on the same day that it has submitted to the WTO a list of U.S. products that may be subject to high tariffs in retaliation for US President Trump's tariff on imported steel and aluminum products. The move. The EU stated that US steel tariffs may cause losses of 1.5 billion U.S. dollars to the EU, and aluminum tariffs will further cause losses of 100 million U.S. dollars. Its list of possible US-taxed products includes rice, corn, peanut oil, cranberry, bourbon, and steel products.

The EU threatened that if the United States imposes tariffs of 25% and 10% respectively on other EU steel and aluminum products, some of the EU’s retaliatory measures may begin on June 20 and may expand retaliatory actions in subsequent phases.


The German "Business Daily" pointed out on the 21st that although China and the United States have reached consensus on trade frictions, the trade dispute between the United States and Europe does not seem to stop. Trump once again criticized the European Union’s trade policy on Thursday, especially for German automakers. "We can hardly sell cars in the EU." Trump said that in the United States, cars such as Daimler and BMW have emerged in large numbers. "Overall, the EU's trade policy toward the United States is very bad."

"German industry advocates tough confrontation against the United States," the German news television said on the 21st that although the trade dispute between China and the United States has eased, the German industry has called on the EU to adopt a hard line and should not make concessions to the United States.

Shi Weize, chairman of the German Chamber of Commerce and Industry, said earlier that it is always important to keep talking in difficult conflicts. "However, if we automatically make concessions in accordance with the unreasonable demands of the United States, this is moving in a wrong direction." He believes that the United States increasingly regards "the United States as the first" as an international norm. The United States no longer guarantees international rules in a free and fair world trade organization. The EU must protect the interests of local businesses.

Germany’s “Economic Weekly” stated that the EU’s current trade dispute with the United States is more complicated than other regions because it not only has steel and aluminum tariffs but also Iran’s nuclear agreement. For the latter, the United States has stated that European companies that continue to do business with Iran will be Sanctions. Some European companies in Iran have begun to plan to gradually withdraw from the local market. The journal stated that the European Commission is reopening the so-called "blockade decree" of 1996 so that when the United States imposes sanctions, European companies can still continue to operate in Iran. This regulation prohibits European companies from complying with US sanctions and should protect them from litigation in the United States. If damage occurs, you can also apply for damages.


  Harbin Dong Xing aluminum co., ltd is a Aluminum sheet for boat,  established in the year 2000, located at beautiful city Harbin. Our factory is a competent and reliable supplier in plain and coated aluminum foil, coil, sheet, and other aluminum products in China.