HANOI: Vietnam has filed a complaint at the World Trade Organization to challenge Indonesia’s use of emergency “safeguard” tariffs on imports of flat rolled products of iron or non-alloy steel, the WTO said in a statement on Monday.
Safeguard tariffs can be imposed temporarily to protect a nation’s producers against a sudden and damaging surge of imports. By launching the complaint, Vietnam has triggered a 60-day period for Indonesia to settle the matter. After that Vietnam could ask the WTO to adjudicate.
