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Wednesday, August 12, 2020

World Trade Organization

WORLD TRADE ORGANIZATION NEWS

All major economies will be drawn into US-China contestations over international trade

May 12, 2020 9:15 am

Significant political contestations within the US and between the US and China to reform, reorient or bypass the WTO system are at hand. All major economies will be drawn into this conflict.

Explained: As Trump accuses China over WTO status, a look at the trade body's rules

April 12, 2020 3:01 pm

President Donald Trump has accused China of taking advantage of the US through the World Trade Organisation (WTO), saying that if Beijing is considered a 'developing country', the US should be called one too.

Withdraw prohibited subsidies: WTO panel to India

November 01, 2019 3:46 am

The panel — in its 113-page report released late Thursday — recommended that India “withdraw the prohibited subsidies” under these schemes within 90-180 days (depending on the scheme) from the adoption of its report.

‘Logjam in WTO appellate body a serious threat to dispute settlement mechanism’

May 14, 2019 4:06 am

Commerce Secretary raises concerns with the agenda promoted by richer nations to reform WTO.

China calls U.S. repeat abuser of world trade rules as tariffs loom

March 22, 2018 1:11 pm

The Wall Street Journal reported that Beijing has already prepared to strike back with tariffs aimed at Trump's support base, including levies targeting U.S. agricultural exports.

Members reaffirm support to WTO at informal ministerial

March 21, 2018 3:05 am

It also comes at a time when growing unilateral protectionist policies by the US and some other countries have worsened fears of an escalating global trade war, threatening to render the WTO meaningless.

WTO mini-ministerial meet: ‘US wants reform in trade body, has raised concerns’

March 20, 2018 2:35 am

This is the second WTO mini-ministerial meeting being hosted by India, after the first in 2009.

Commerce secretary on US tariff hike: There’s disquiet, will wait and watch

March 10, 2018 3:19 am

US President Donald Trump has imposed heavy tariffs on imported steel and aluminium, sparking fears of a global trade war. Trump signed two proclamations that levied a 25 per cent tariff on steel and a 10 per cent tariff on aluminium imported from all countries except Canada and Mexico.

Solar dispute with the US: WTO to set up panel to check India’s compliance with last year’s ruling

March 06, 2018 2:09 am

In 2013, the US filed a complaint before the WTO, arguing that India’s domestic content requirement violates global trading rules.

Japan slaps emergency tariffs on imports of frozen US beef

July 28, 2017 10:53 am

Beef imports have risen quickly as prices fell as the U.S. livestock sector recovered from drought. But the U.S. also faces stiff competition from Australia, whose free trade agreement with Japan means it does not face the same emergency tariffs.