BERNAMA.com - Brazil Files Protest With Wto Over US Tariff Plan
malay english mandarin arabic espanol fb tw ig

WORLD NEWS


Brazil Files Protest With Wto Over US Tariff Plan

Last update: 06/03/2018
 
RIO DE JANEIRO, March 6 (Bernama) -- Brazil filed a protest Monday with the World Trade Organisation (WTO) against the US tariff plan on steel imports and urged the White House to reconsider ts decision, China's Xinhua news agency reported.

Brazil told a WTO meeting that the global trading system is "not living normal times" and that the institution is "facing serious challenges, including existential" ones.

''For Brazil, protectionism is at the centre of the threat. A recent unilateral decision by an important WTO member takes this threat to a new level," said a statement by the Foreign Ministry.

The protest by Brazil came after US President Donald Trump announced last week that he plans to levy an extra 25 percent tax on steel imports and a 10 percent tax on aluminium imports.

"We have deep preoccupation on the systematic implications (of this threat), which could have severe consequences that are in nobody's interests," said the statement.....

 
 
 

       Previous Top Story