U.S., EU end steel, aluminum tariff disputes at WTO, initiate arbitration

The U.S. and the European Union this week formally ended their World Trade Organization dispute panels targeting Section 232 tariffs on steel and aluminum and European retaliatory duties – as the two sides agreed to do last year – but also initiated, and immediately suspended, arbitration proceedings for the disputes that cannot be resumed until at least November. The U.S.-EU joint statement on steel and aluminum , released last October, said the two sides would terminate their respective WTO disputes...