The World Trade Organization postpones a decision on US tariffs on metals to the second half of 2021

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Monday, February 08, 2021 - 17:04
Point Trader Group
The World Trade Organization postpones a decision on US tariffs on metals to the second half of 2021

The World Trade Organization has postponed its decision on tariffs on minerals imposed by the United States to the second half of 2021, which gives President Joe Biden plenty of time if he wants to settle disputes.

A committee of the organization was looking into complaints submitted by China, the European Union, India, Norway, Russia, Switzerland and Turkey, and had previously said that its final report would not be issued before the fall of 2020, which implies that it is

It will come after the US presidential election.

The three-person committee said today, Monday, that the report will not be released before the second half of this year. She added that the delay is due to the Covid-19 pandemic.

Former US President Donald Trump's administration imposed tariffs in 2018 on 25 percent of steel supplies to the United States and 10 percent on aluminum under a U.S. law dating back to 1962 that allowed the president to restrict imports based on national security considerations.


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