Space Industry and Business News  
TRADE WARS
US rejects WTO verdict on its steel tariffs
by AFP Staff Writers
Geneva (AFP) Dec 9, 2022

Washington condemned the World Trade Organization's verdict Friday on the punitive US tariffs imposed on national security grounds on steel imports from China and other countries.

Former US president Donald Trump's administration introduced the tariffs on steel and aluminium imports from China, Norway, Switzerland and Turkey and his successor, Joe Biden, has stuck with them.

"The United States strongly rejects the flawed interpretation and conclusions in the WTO Panel reports released today...," Adam Hodge, spokesman for the US Trade Representative Katherine Tai, said in a statement.

"The United States has held the clear and unequivocal position, for over 70 years, that issues of national security cannot be reviewed in WTO dispute settlement."

The Geneva-based WTO had no authority to second-guess a WTO member's ability to respond to security threats, he added.

The WTO's Dispute Settlement Body found the measures imposed by the United States were inconsistent with various articles of the General Agreement on Tariffs and Trade (GATT).

The panel also determined that these inconsistencies were not justified by the security exceptions provided for in the GATT, as they were not applied in a time of war or during a case of serious international tension.

"The Panel recommends that the United States bring its WTO-inconsistent measures into conformity with its obligations under the GATT 1994," it said.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
UK uni probe warns carmakers about 'Uyghur abuses' in supply chain
London (AFP) Dec 7, 2022
Western carmakers have "massive and expanding links" with rights abuses against the Uyghur minority in China's Xinjiang region, a UK university has claimed following a six-month investigation. The probe by four academics and anonymous researchers at Sheffield Hallam University in northern England found international supply chains "captive to repressive programs and systematic forced labour" in China. The Chinese government has deliberately shifted raw materials mining and processing and auto par ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Pentagon awards $9 bn in cloud computing deals to four firms

AFRL teams with industry to expand alternative natural rubber supply

AWS successfully runs AWS compute and machine learning services on an orbiting satellite

Kayhan Space awarded grant to develop autonomous collision avoidance capabilities in space

TRADE WARS
Elon Musk's SpaceX unveils Starshield satellite services for U.S. military

Datapath delivers transformative DKET Terminal to US Space Force

Arianespace to launch EAGLE-1 for Europe's Quantum Cryptography program

Arianespace to launch EAGLE-1 for Europe's Quantum Cryptography program

TRADE WARS
TRADE WARS
Navigating the sea from space with innovative technologies

KKR leads Series B funding round in AI leader Advanced Navigation

USU leads international space mission to shed new light on Brazil's vexing GPS problem

BeiDou making mark among navigation systems

TRADE WARS
China makes first delivery of homegrown passenger jet

Climate activists storm runways at two German airports

NASA to utilize commercially available TerraPoiNT Network for Air Mobility

NASA conducts acoustic hover test with Moog SureFly

TRADE WARS
Microchip showcases RISC-V-based FPGA and space-compute solutions at RISC-V Summit

Breaking the scaling limits of analog computing

A part of Beyond Gravity in almost every smartphone

Soft touch sensitivity

TRADE WARS
How the current Southwestern North American megadrought is affecting Earth's upper atmosphere

Kilometer-scale modeling better reflects the relationship between land and precipitation

China's two meteorological satellites put into operation

Sidus Space receives NOAA Tier 1 License

TRADE WARS
German rail offers up porcelain ware to reduce waste

India's Bishnoi community, the original eco-warriors

Chile's unique Atacama desert sullied by world's junk

Health or jobs: Peruvian mining town at a crossroads









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.