Trump has cited national security to justify tariffs. A new WTO ruling spells trouble

Österreich Nachrichten Nachrichten

Trump has cited national security to justify tariffs. A new WTO ruling spells trouble
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 latimes
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 82%

The World Trade Organization published its first ruling on national security Friday, setting a legal precedent that is likely to lead to a clash with the United States over tariffs.

The landmark ruling, on a dispute between Russia and Ukraine, both affirms the rights of nations to impose trade restrictions on national security grounds and asserts the WTO’s authority to determine whether a security threat warrants such restrictive measures. The Trump administration has said the WTO doesn’t have the power to rule on these matters.WTO Director Gen.

The WTO allows a country to take “any action which it considers necessary for the protection of its essential security interests.” That has become a favorite justification for Trump, who is now threatening tariffs on automobile imports using the same national security rationale. The WTO panel said that “there has existed a situation in Russia’s relations with Ukraine that constitutes an emergency in international relations,” and that “Russia has met the requirements for invoking” the national security clause of international trade rules.Russia, which is challenging the U.S., welcomed the decision. “The ruling makes our arguments in the dispute with the U.S. more weighty,” Economy Minister Maxim Oreshkin said in a statement.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

latimes /  🏆 11. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

EU launches WTO cases against India, TurkeyEU launches WTO cases against India, TurkeyThe European Union has launched two World Trade Organization disputes against In...
Weiterlesen »

WTO to issue first ever ruling in 'national security' dispute on FridayWTO to issue first ever ruling in 'national security' dispute on FridayThe World Trade Organization will publish its first ever ruling on a 'natio...
Weiterlesen »

Russia wins WTO 'national security' case in potential boost for TrumpRussia wins WTO 'national security' case in potential boost for TrumpRussia won a dispute about 'national security' at the World Trade Organization on Friday.
Weiterlesen »

World stocks rally to six-month highs on U.S.-China trade optimismWorld stocks rally to six-month highs on U.S.-China trade optimismWorld stocks rallied to six-month highs on Wednesday as investors cheered signs ...
Weiterlesen »

Trade hopes help world shares gain before U.S. jobs dataTrade hopes help world shares gain before U.S. jobs dataCautious optimism over Sino-U.S. trade talks underpinned global stocks on Friday...
Weiterlesen »

Trade slowed in fourth-quarter, WTO says; auto tariffs, Brexit are 2019 risksTrade slowed in fourth-quarter, WTO says; auto tariffs, Brexit are 2019 risksWorld trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to...
Weiterlesen »

Mozambique cyclone death toll climbs to 598, cholera spreadsMozambique cyclone death toll climbs to 598, cholera spreadsAt least 1,052 cholera cases have been reported by Mozambique's health ministry, including one death, according to the World Health Organization.
Weiterlesen »

'Inside Edition' host Deborah Norville to undergo cancer surgery after viewer spotted lump'Inside Edition' host Deborah Norville to undergo cancer surgery after viewer spotted lumpDeborah Norville is used to having her looks scrutinized as a television personality, but one comment from a concerned viewer proved to be a life-saver.
Weiterlesen »



Render Time: 2025-04-04 14:16:50