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America's decision to impose steel safeguards has already unleashed safeguard actions in other countries, along with the threat of retaliation.
Safeguard actions can be legal under the World Trade Organization, but there is no basis for the "sniper tariff" retaliation the E.U. plans against American products.
The WTO [World Trade Organization] provides for [such] safeguard actions.
He did not really begin to act in unorthodox ways until January 23, when the President announced Section 201 safeguard actions on solar panels and washing machines.
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We use the US' recent steel safeguard action as a case study.
ruled against the tariffs last July, rightly finding that Washington had failed to make its case for the "safeguard" action.
Under the rules which govern China's accession to the World Trade Organisation, America is allowed to take unilateral safeguard action against Chinese imports if they are deemed to be causing a "market disruption".
By March 6th Mr Bush must decide whether to put tariffs and, if so, what sort on foreign steel, as part of a "safeguard" action to protect America's steel makers.Big steel companies want a 40% tariff, which would threaten Mr Zoellick's work across the globe.
Under this Act, the Government is able to pursue safeguard action to protect domestic industries against import surges which threaten or cause injury to those industries.
The relatively limited number of cases quoted in the case studies where developing countries have altered applied tariffs upwards may be because they experienced relatively few import surges of the kind where safeguard action would be appropriate.
Since 1999, the EC has been the prevailing party in a number of cases it brought against the United States, including cases challenging U.S. countervailing duty and safeguards actions and certain aspects of U.S. antidumping and copyright laws.
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