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Russia wins WTO 'national security' case in potential boost for Trump
Russia wins WTO 'national security' case in potential boost for Trump
Reuters ~ 24/5/2019
Russia won a dispute about "national security" at the World Trade Organization on Friday, in a ruling over a Ukrainian railway dispute that may also lend support to global automobile tariffs that could be imposed by U.S. President Donald Trump.... The WTO panel ruling, the first ever on the right to a national security exemption from the global trade rules, can be appealed. The panel also confirmed the WTO's right to review national security claims, denting U.S. claims that national security was not subject to review by the global trade body. The panel also confirmed the WTO's right to review national security claims, denting U.S. claims that national security was not subject to review, and said any such claim should be "objectively" true, relating to weapons, war, fissionable materials or an "emergency in international relations".
Ukraine went to the WTO in 2016, complaining of a huge reduction in trade with Asia and the Caucasus region after Russian President Vladimir Putin banned road and rail transport from Ukraine unless the route also went through Belarus.... Russia's Economy Ministry said that Friday's ruling had recognized Ukraine's arguments to be unfounded, and said the issue was of systemic importance for the WTO.
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So now according to Reuters as reported by the Communist News Broadcasting Corporation, President Trump can impose tariffs for National Security reasons. The assumption that tariffs are between two countries regulating commerce is why most pundits fail to understand how they can be used. When you are a low cost labor provider there are several countries ready to step in and take your place when a tariff makes you no longer the lowest cost provider.
Surely to stop Trump Progressive Marxist Socialist Democrats will Judge shop throughout 9th Circuit Court trying to stop anything Trump attempts to do... The WTO ruled that they can override national governments when it comes to national security. What a surprise. Actually they do, and that is why China is now negotiating with us.