According to Reuters, 2018’s US tariffs on broader-market steel and aluminum are causing an avalanche of new WTO claims against the US. Key quotes “The U.S. tariffs attracted an unprecedented seven requests for WTO adjudication, as well as a slew of criticism, at a fractious WTO dispute settlement meeting, while the United States hit back with legal actions against its critics. U.S. Ambassador Dennis Shea said he was not surprised by China’s opposition, since it had massive overcapacity in metals production and was a non-market economy, but that Washington was “deeply disappointed” with the EU’s stance. “We would encourage the European countries to consider carefully their broader economic, political, and security interests,” Shea told the meeting. “We will not allow China’s party-state to fatally undermine the U.S. steel and aluminum industries, on which the U.S. military, and by extension global security, rely.” China’s representative responded by saying the United States was shifting its arguments to disguise its protectionism. Canada and Mexico have also challenged the tariffs – 25 percent on steel and 10 percent on aluminum – but a U.S. trade official told the meeting that, after constructive discussions, Washington was hopeful of reaching an agreement with both.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan’s Unemployment Rate ticks down to 2.3% FX Street 4 years According to Reuters, 2018's US tariffs on broader-market steel and aluminum are causing an avalanche of new WTO claims against the US. Key quotes "The U.S. tariffs attracted an unprecedented seven requests for WTO adjudication, as well as a slew of criticism, at a fractious WTO dispute settlement meeting, while the United States hit back with legal actions against its critics. U.S. Ambassador Dennis Shea said he was not surprised by China's opposition, since it had massive overcapacity in metals production and was a non-market economy, but that Washington was "deeply disappointed" with the EU's stance. "We would encourage the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.