China, EU Escalate WTO Challenge to Trump Metals Tariffs

The video discusses the WTO's dilemma regarding US tariffs on steel and aluminum, imposed under national security grounds. The WTO faces a tough decision: supporting the US could lead to more protectionist measures globally, while opposing it might provoke US withdrawal from the WTO. The outcome will significantly impact the metals market, with potential repercussions for the car industry. The video also highlights the broader implications of these trade policies, including overcapacity issues in China and the role of major companies like Alcoa Corp.

What are the main reasons behind the US imposing tariffs on steel and aluminium imports?

What challenges does the WTO face in making a ruling on the US tariffs?

Discuss the implications of national security grounds in trade measures.

What are the potential consequences if the WTO rules against the US?

How might the WTO's decision impact the global metals market?