EU complains about US' tariffs on stainless steel bars

EU complains about US’ tariffs on stainless steel bars

As previously reported by SteelOrbis, the European Union (EU) Commission demanded World Trade Organization (WTO) to investigate US' tariffs on certain steel products it imposed five years ago that were found illegal by WTO in 2002. Upon the request, WTO initiated an investigation and found that US failed to lift antidumping duty orders on certain steel products. The recent complaint of EU regarding the tariff of 126% on imports of stainless steel bars is the first step toward asking WTO to condemn the US tariffs. The US imposed the subject duties in March 2002 on the ground that the sales of the company in the US market were made below normal values. US diplomats in Geneva stated that they will review the complaint of EU.