The European Union (EU) has sought to join the consultations at the World Trade Organization (WTO) requested by China with the United States on the recent US steel and aluminum tariffs,
the WTO said on Monday.
The EU notified the United States, China and the WTO's Dispute Settlement Body that it wishes to join the consultations since it has substantial trade interests in the matter.
Despite opposition from business groups and trading partners around the world, US President Donald Trump on March 8 signed proclamations to impose a 25-percent tariff on imported steel and a 10-percent tariff on aluminum.
Though the EU is temporarily exempt from the tariffs, "should the exclusion not continue to be in place, then the EU's exports would be impaired significantly by the US measures," the EU said.
In 2017, the 28-nation bloc exported $5.99 billion worth of steel products to the United States, and $1.25 billion of aluminum, making it the top exporter of steel to the United States and fifth aluminum exporter.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2018 will be held at Meijiang Convention and Exhibition Center in Tianjin in October 18-20, 2018. We invite you to join the event and to celebrate the 20th anniversary of CHINA MINING with us. For more information about CHINA MINING 2018, please visit: www.chinaminingtj.org.
