Switzerland launchese WTO dispute against US

CNC
Added On July 12, 2018

Switzerland has launched dispute proceedings at the World Trade Organization (WTO) against U.S. steel and aluminium tariffs.

 
On Tuesday, the Swiss Economy Ministry said "from Switzerland's point of view, the additional duties, which according to the U.S. have been introduced to protect national security, are unjustified.
 
The United States imposed additional duties on imports of certain steel and aluminium products in March, and the move was described by the Swiss government as "having effects on Switzerland."
 
Switzerland first intervened with the United States in March and also submitted a formal request to the U.S. administration for a country-specific exemption from these import duties.
 
In 2017, Swiss exports of steel and aluminium products amounted to around some 80 million U.S. dollars.