Germany protests US steel duties against seven countries

Germany protests US steel duties against seven countries: HumSub.TV

Germany protests US steel duties against seven countries: HumSub.TV: Berlin strongly protested Friday a move by the United States to slap punitive “anti-dumping” duties on steel plate products from companies in Germany and six other nations.

Germany said the EU should consider filing a complaint with the World Trade Organisation (WTO) in what threatens to turn into a major trade row under US President Donald Trump, who has promised protectionist measures to put “America First”. German Foreign Minister Sigmar Gabriel said the step breached global trade rules and unfairly disadvantaged suppliers in Germany, as well as in Austria, Belgium, France, Italy, Japan, South Korea and Taiwan.

The former economy minister warned that to deliberately violate WTO rules “is a dangerous step” and that “Europeans cannot accept this”. He said he had noted “with utter incomprehension” the decision by the US Commerce Department on imports of carbon and alloy steel plate products that impacts German companies Salzgitter AG and Dillinger Huette.

“Despite our efforts and repeated interventions by the European Union, the US Commerce Department has applied calculation methods that contravene WTO rules with the aim of harming US competitors in the steel industry,” he said.

The goal was “to protect US industry by placing the superior German steel industry at a disadvantage,” he added.

US Commerce Secretary Wilbur Ross, formerly on the board of steel and mining giant ArcelorMittal, said Thursday the foreign producers were selling their products at unfairly low prices in the US market and that US customs could therefore impose duties on the imports.

The punitive duties ranged from 3.62 percent to 148.02 percent, targeting materials that are used in a range of sectors from construction, infrastructure and mining to ships, railway cars and machines. Gabriel said the US move was “significant because it is the first anti-dumping procedure in the steel sector under the new administration”.

“The US government is apparently prepared to provide American companies with unfair competitive advantages against European and other companies, even if this is contrary to international commercial law.”

“The EU must now examine whether it will file a complaint with the WTO. I strongly support this,” he said.

Salzgitter called the US decision “incomprehensible”, while the Dillinger group said it has halted deliveries to the US since the punitive tariffs were announced.

“Due to the duties imposed and ahead of the final decision, Dillinger will examine how we can better serve our customers in the US in the future,” it added in a statement.

Germany protests US steel duties against seven countries: HumSub.TV

About HumSub TV
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.

HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.

To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.

HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.

HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.

HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.

Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.

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