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The Latest Breaking News from WTO

BRICS Parliamentary Meet: LS Speaker Birla pitches for reforms in UNSC, WTO

Lok Sabha Speaker Om Birla on Thursday made a strong pitch for greater democratisation of global governance structures such as the UN Security Council and the World Trade Organization (WTO). Read further on Dynamite News:

Dynamite News

Bretton Woods: bloodied, battered but still a huge international achievement 80 years on

In July 1944, with war still raging in Europe and the Pacific, 730 delegates from 44 countries gathered at the Mount Washington, a grand hotel built at the turn of the century in New Hampshire. They were on the edge of a little town called Carroll, surrounded by a national…

The Conversation

China Launches Investigation Into EU Pork Imports

China investigates EU pork imports amid trade tensions over electric vehicles. EU subsidies compliant with WTO. Spain seeks dialogue to avoid conflict.

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China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars

The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports

The Independent UK

The free trade myth: how the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the “Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules”. The tariffs are 25% on steel and aluminium, 50% on semiconductors and solar panels, and 100% on…

The Conversation

Why Has Russian Wheat Been Entering The EU Duty-free?

Since its invasion of Ukraine, Russia's grain exports have not only been spared by European Union sanctions, but even stayed free of tariffs -- a seeming anomaly the bloc has now agreed to rectify.

International Business Times

The Guardian view on free trade: an idea whose time has gone

Editorial: Joe Biden and Donald Trump agree on tariffs against China. The world has lost its biggest cheerleader for globalisation

The Guardian - UK

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Joe Biden has raised tariffs on Chinese imports – but this ploy to win votes may spark a trade war

The US president, Joe Biden, has announced new tariffs on imports of electric vehicles, solar equipment and batteries from China. The move comes a month after he called for higher tariffs on Chinese steel and aluminium products, and said that his administration would investigate Chinese shipbuilding.

The Conversation

Why Is The US Helping China Undermine Global Innovation?

Most countries are opposed to China's position; the Biden administration is not. It's a major unforced error, and risks aiding Beijing in its efforts to cripple innovators in rival nations around the globe.

International Business Times

WTO Countries To Restart Dispute Reform Negotiations

WTO members are restarting negotiations to reform the dispute settlement system, addressing challenges and backlog.

Top News

Pale green shoots: On exports

Trade mandarins believe goods exports have entered a positive growth cycle, having coped with persistent strife

The Hindu

WTO Chief Warns Against Trump's Import Tariff Proposal

The WTO chief warns of negative impacts on global trade and the economy due to proposed import tariffs.

Top News

Dysfunction and division darken the WTO’s 30-year dream of free trade

As the organisation’s anniversary nears, borders around the world are closing again

The Guardian - UK

To compete with China on economic front, India must focus on manufacturing: Jaishankar

To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments, External Affairs Minister S. Jaishankar said

The Hindu

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China Disputes US Tax Credits For Evs And Renewables

China challenges US tax credits for EVs and renewables at WTO, sparking trade tensions.

Al Jazeera

China lifts steep Australian wine tariffs as relations improve

Beijing imposed the tariffs in 2020 during a diplomatic feud, raising duties from zero to above 200 percent.

The Hindu

WTO’s investment facilitation negotiations are not illegal

Plurilateral agreements such as the agreement on investment facilitation for development are essential for reinvigorating the WTO’s stalemated legislative function

Top News

China Wins WTO Dispute Against Australia Over Steel Tariffs

China prevails in WTO dispute with Australia over steel tariffs, signaling ongoing trade tensions and diplomatic efforts between the two nations.

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AAP

WTO rules against Australia on steel products complaint

Australia has lost its case in a World Trade Organisation dispute brought by China on extra taxes, with the ruling finding fault with Canberra's investigations.

Top News

China Challenges U.S. Subsidies At WTO

China initiates WTO dispute against the U.S. over alleged discriminatory subsidies, escalating trade tensions.

Top News

China Files WTO Complaint Over US Electric Vehicle Subsidies

China files WTO complaint against US over electric vehicle subsidies, citing unfair regulations and discrimination.

Salon

U.S. govt protected baby formula makers

The U.S. government repeatedly used its muscle to advance the interests of large baby formula companies

Top News

WTO Faces Challenges Advancing Dispute Reform Talks

The WTO faces challenges in reforming its dispute settlement system due to diverse member interests. Efforts to enhance effectiveness and efficiency in res...

The Hindu

Trade puzzle: On exports and global trade

Finding better ways to support exporters, especially in adversely hit employment-intensive sectors remains critical

The Hindu

India's exports will close fiscal at same level as last year despite uncertainties: Piyush Goyal

Commerce and Industry Minister Piyush Goyal confident in maintaining India’s export numbers despite global trade slowdown, focusing on high-quality goods and services.

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