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According to Reuters, the World Trade Organization (WTO) has postponed its ruling on U.S. metal tariffs at least until the second half of 2021, giving President Biden more time if he wishes to settle disputes.
The WTO group, which is addressing the claims of China, the European Union, India, Norway, Russia, Switzerland and Turkey, previously stated that its final report will not be until autumn 2020, implying that it will be published after the US presidential election.
3 people from the gurppa said on Monday 8 February that the report will not be submitted until the second half of this year. It says the delay was caused by the COVID-19 pandemic.
The administration of former US President Donald Trump imposed 25% duties on incoming steel and 10% on aluminum in 2018 in accordance with a 1962 US law that allows the president to restrict imports for reasons of national security. The measures prompted nine complaints to the WTO from steel exporting countries. Canada and Mexico have since dropped their business after negotiating an updated free trade pact with the United States.
