(Tom Miles – Reuters)
Russia won a dispute about “national security” at the World Trade Organization on Friday, in a ruling over a Ukrainian transit dispute that may also affect 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, awarded Russia a legal victory because it had successfully invoked national security.
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”. Click here to read more.