All news

Russia mulls suing US in WTO on steel, aluminum tariffs

The US introduced new duties for steel and aluminum products amounting to 25% for steel and 10% for aluminum

MOSCOW, June 6. /TASS/. Russia is considering an option of bringing the United States to a trial in the World Trade Organization (WTO) in connection with steel and aluminum duties imposed by the US, department director of the Russian Ministry of Economic Development Maxim Medvedkov said on Wednesday in an interview with the Rossiya 24 TV Channel.

"We are currently considering this issue - it is quite possible that we will also think of bringing the US to the WTO tribunal [because of introduced duties on steel and aluminum - TASS]," Medvedkov said.

The United States introduced new duties for steel and aluminum products amounting to 25% for steel and 10% for aluminum.

Russia said it can dispute the US decision in the WTO, notified the Organization about possible retaliation measures in connection with duties and made an offer to the EU to jointly undertake measures for protection of Russian and European business in connection with new tariffs.

The European Union disputed the US decision within the WTO framework on June 1.