US agrees to WTO talks with India on steel tariffs
US agrees to WTO talks with India on steel tariffs
However, Washington insists that the tariffs are to protect national security; can’t be treated as safeguard duties
The US has said that it is ready to consult with India at the WTO on the 25 per cent tariffs it imposed on steel and aluminium imports from all countries provided these were not treated as safeguard measures as requested by New Delhi.
In response to India’s request for consultations on the tariffs under the WTO Agreement on Safeguards made last week, the US said in a submission that these actions were not safeguard actions but security measures to protect national security.
“Nonetheless, we are open to discuss this or any other issue with India. Any discussions regarding the tariffs would not be under the Agreement on Safeguards and would be without prejudice to our view that the tariffs are not safeguard measures,” per the US submission to the WTO Committee on Safeguards circulated on Thursday.
Originally published on The Hindu Business Line
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