Canada's mission to the World Trade Organization has filed a complaint with the organization over the imposition of steel and aluminum tariffs by the United States, and the WTO has confirmed receipt of Canada's complaint.
In a complaint filed Wednesday, Canada argued that the U.S. tariff increase violates its obligations under the World Trade Organization's 1994 General Agreement on Tariffs and Trade, Xinhua reported, citing Canadian media.
The WTO issued a statement Thursday confirming that it had received Canada's complaint and circulated it to WTO members the same day.
Canada's Minister of Export Promotion, International Trade and Economic Development, Wu Fengyi, said on the 12th that Canada is deeply disappointed by the unreasonable tariffs imposed by the United States. These unilateral tariffs violate the United States' obligations under the USMCA and WTO agreements. Canada is also seeking formal negotiations with the United States on steel and aluminum tariffs.
The United States has imposed a 25% tariff on all imported steel and aluminum since the 12th. On the same day, the Canadian government announced that it would impose 25% countertariffs on a total of C $29.8 billion of US goods.
On September 14th, local time, US President Trump told reporters on his way back to Washington that he expected the Federal Reserve to announce a "significant interest rate cut" at its meeting this week, stating that "the current situation is very suitable for a rate cut."
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