According to foreign media reports, at the World Trade Organization conference, major US trading partners, including the European Union, China and Japan, expressed concern about possible US import tariffs on automobiles and parts. A participant in the WTO Trade in Goods Council said that Japan and Russia issued a warning at the meeting, saying that the US move may trigger a series of counter-measures and lead to the collapse of the WTO-based multilateral trading system.
On July 3, local time, forty members of the WTO, including 28 EU countries, issued a warning. In view of the importance of auto transactions to world trade, US tariffs on cars and parts may seriously disrupt the world market. And threaten the WTO system.
The United States has imposed tariffs on steel and aluminum imported from Europe and investigated whether car imports pose a threat to US national security. The results of the investigation may also impose tariffs on imports of cars and parts. US President Donald Trump said on June 29 that the investigation will be completed within three to four weeks. But the EU warned the United States that imposing import tariffs on cars and parts would damage the US auto industry and could lead its trading partners to counter the US$294 billion worth of US exports.
A Russian official said at the WTO meeting that in the past year, the issue of investigating the United States has been raised many times at various WTO meetings, and the situation is getting worse. The representative of Russia stated that the United States is gradually losing its reputation as a reliable trading partner and may soon investigate the issue of import tariffs on uranium products.
China, Canada, Switzerland, Norway, Turkey, Costa Rica, Venezuela, Singapore, Brazil, South Korea, Mexico, Qatar, Thailand and India all expressed similar concerns and questioned whether the US vehicle tariffs are in line with WTO standards.
A participant in the WTO meeting said that US diplomats said that the national security investigation launched by the United States has long been the subject of controversy at previous WTO meetings and should not be listed as an agenda.
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