The European Union could impose tariffs on the United States and other rivals if...
BRUSSELS - The European Union could impose tariffs on the United States and other rivals if they refuse to settle trade disputes after the crippling of the World Trade Organization .
The European Commission, which coordinates trade policy for the 28-member bloc, proposed on Thursday changes to an existing law that it has already used to curb imports of steel after U.S. tariffs effectively closed the U.S. market in 2018. The WTO’s Appellate Body, which has acted as a supreme court for international disputes, became paralyzed this week, after the Trump administration’s blocking of new appointments for the past two years meant its membership fell below the quorum necessary to make new rulings when two members’ terms expired.
The European Commission has forged agreements with Canada and Norway to allow appeals to go before former Appellate Body members, which is allowed under WTO rules, and wants to sign up other countries with which it has more active disputes.
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