European Union asks WTO to investigate US' AD duties

European Union asks WTO to investigate US’ AD duties

The European Union (EU) has demanded World Trade Organization (WTO) to investigate whether US lifted the duties on certain steel products it imposed five years ago that were found illegal by WTO in 2002. Although the measures called the “Byrd Amendment” were found illegal, US officials claimed that the duties were adjusted in line with the trade rules of WTO. However objections to the Byrd Agreement have not ceased and EU demanded WTO to search the case. As previously reported by SteelOrbis, in early September WTO announced that it will allow EU and seven other nations to impose punitive duties worth $150 million on US goods since the US Congress failed to revoke anti-dumping duties which were found to be violating global trade laws. Now, upon the request of EU, a panel will be held to hear both sides. If the US does not comply with the rules, EU will probably ask for WTO approval to impose punitive sanctions.