'No basis to seek…': US rejects India's WTO consultations on auto tariffs
'No basis to seek…': US rejects India's WTO consultations on auto tariffs
The United States has rebuffed India's request for WTO consultations regarding American tariffs on automobiles and auto components, asserting the tariffs were implemented under a national security provision. The US maintains these measures under the essential security exception within global trade regulations, stating they are not safeguard measures subject to WTO's Agreement on Safeguards.
The United States has rebuffed India's request for WTO consultations regarding American tariffs on automobiles and auto components, asserting the tariffs were implemented under a national security provision. The US maintains these measures under the essential security exception within global trade regulations, stating they are not safeguard measures subject to WTO's Agreement on Safeguards.