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The Latest Breaking News from WTO

The US broke global trade rules to try to fix climate change – to finish the job, it has to fix the trade system

The 2022 Inflation Reduction Act, President Joe Biden’s landmark climate law, is now expected to prompt a trillion dollars in government spending to fight climate change and trillions more in private investment. But the law and Biden’s broader “buy American” agenda include measures that discriminate against imports.

The Conversation

91% of India’s marine fish stock healthy, says study

India's marine fish stock is healthy and sustainable, according to a study by ICAR-CMFRI. 91.1% of stocks assessed were deemed healthy, with only 4.4% facing overfishing. The findings are expected to bolster India's seafood exports and strengthen its position at the WTO.

The Hindu

Japanese ministers eat Fukushima fish to show it's safe after nuclear plant wastewater is discharged

Japan’s Prime Minister Fumio Kishida and three Cabinet ministers have eaten Fukushima fish sashimi at a lunch meeting in an apparent effort to show that fish is safe following the release of treated radioactive wastewater from the Fukushima Daiichi nuclear power plant

The Independent UK

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Biden is turning away from free trade – and that’s a great thing

Trade deals have brought cheaper goods. They’ve also destroyed millions of US jobs and caused US wages to stagnate

The Guardian - US

US Triumphs As WTO Rules Against China’s Retaliatory Tariffs

China was found to have violated trade agreements by putting taxes on $2.4 billion worth of American goods.

Zenger

Pocock claims Labor adopting Coalition’s ‘gas-led recovery’ – as it happened

This blog is now closed.

The Guardian - AU

China to drop tariffs on Australian barley amid diplomatic thaw

China’s commerce ministry tariffs ‘no longer necessary’, while Australia drops trade complaint.

Al Jazeera

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Australia eyes backdown on wine after China agrees to scrap barley tariffs

The Australian government had agreed to suspend a World Trade Organization barley challenge in exchange for China’s review

The Guardian - AU

Dispute settlements that have no parallel

What India and U.S. have achieved by reaching a deal on six separate disputes is unprecedented

The Hindu

Dealing with China: Economic Security issues / China boosts push for domestic production of key technologies

In China, President Xi Jinping's administration is intensifying moves to fully domesticate and insulate key technologies as national security measures. This is the first installment of a new series exploring how Beijing's actions are affecting firms doing business with China.

The Japan News/Yomiuri

China delays decision on Australian barley tariffs in setback on resolving trade disputes

Exclusive: The Albanese government says it is ‘disappointed’ Beijing’s review couldn’t be completed in the initial three months

The Guardian - AU

Restoring the World Trade Organization’s crown jewel

But the larger game plan of the United States seems to be the de-judicialisation of trade multilateralism

The Hindu

Morning Digest | ‘Human error’ led to Balasore train tragedy, says report; NCP feud festers, goes to Maharashtra Assembly Speaker’s court, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

India doubles its share of global commercial services exports between 2005 and 2022: World Bank & WTO report

India has doubled its share of global commercial services exports to 4.4% in 2022 from 2% in 2005, according to a World Bank and World Trade Organization (WTO) report.

The Hindu

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The Hindu

Wayanad monsoon carnival from July 5

‘Splash-2023’, the 11th edition of the Wayanad monsoon carnival, organised by the Wayanad Tourism Organisation (WTO) in association with Kerala Tourism and the District Tourism Promotion Council, will be held from July 5 to 15

The Hindu

Explained | What is the dispute about sugar subsidies at WTO?

India is set to negotiate a long-standing dispute with Brazil about domestic sugar subsidies at the World Trade Organisation, following a complaint filed by Brazil in 2019.

The Hindu

India in bilateral talks with Brazil to resolve sugar dispute at WTO

India is in negotiations with Brazil to resolve a sugar dispute at the World Trade Organisation (WTO) and the Ministry of Commerce and Industry is coordinating with concerned departments for the same.

The Hindu

India, U.S. decision to end WTO disputes to help boost bilateral trade: Experts

The decision to end their six trade disputes at the World Trade Organisation (WTO) will help boost two-way commerce and strengthen economic ties between India and U.S.

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The Hindu

International trade has a carbon problem

Environmental protection should not become a smokescreen for trade protectionism

Reason

Josh Hawley Wants the Debt Ceiling Deal To Include a Massive Tax Hike on Americans

Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.

The Guardian - AU

Coalition says Anthony Albanese should not go to China until trade sanctions are lifted

Simon Birmingham says ‘clarity should be there before the prime minister entertains a formal state visit to Beijing’

The Conversation

The UK needs a new industrial strategy or it will lose the global green subsidy race

UK businesses have criticised the government for the lack of a clear industrial policy. Industry body Make UK has warned the country “risks being squeezed” by US and EU green subsidy packages.

ABC News

Trade Minister Don Farrell to visit China in push to end trade war

Australia's Trade Minister Don Farrell will hold a meeting with his Chinese counterpart in Beijing this week, with hopes it could signal the trade turmoil between China and Australia will soon be over.

The Hindu

Outlawing India’s tech tariffs

Even if the EU does not impose trade sanctions on India, it might use the WTO ruling as a bargaining chip in the free trade agreement negotiations with India

The Conversation

Australia’s barley solution with China shows diplomacy does work

The agreement between Australia and China to resolve a dispute over Chinese tariffs on Australian barley without World Trade Organization (WTO) adjudication is evidence of a distinct improvement in relations.

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