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Switzerland launches WTO action over U.S. steel, aluminum tariffs

Kitco News

GENEVA (Reuters) - Switzerland has launched a complaint at the World Trade Organization against U.S. tariffs on steel and aluminum, it said on Tuesday, the eighth WTO member to start such a challenge.

“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 statement from the Swiss economy ministry said in a statement.

Under WTO rules, the United States has 60 days to settle the issue. After that time, Switzerland could escalate the dispute by asking the WTO to set up a panel of judges to adjudicate.

Reporting by Tom Miles; editing by John Stonestreet

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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