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The Latest Breaking News from WTO

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

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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

China Disputes US Tax Credits For Evs And Renewables

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

Top News

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.

Al Jazeera

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

The Hindu

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.

Top News

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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

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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.

AAP

China moves to dump tariffs on $1b wine exports

China has recommended dropping tariffs on Australian wine products weeks ahead of a crucial deadline.

AAP

Chinese ambassador says wine tariff review on track

The Chinese ambassador and the Australian trade minister are both hopeful a Chinese review into tariffs on Australian wine is moving in the right direction.

AAP

Australia will 'win' wine dispute with China: minister

Australia still expects China to complete its review of tariffs on wine exports by the end of the month, the federal government says.

Top News

WTO Predicts Slow Trade Growth In Early 2024

WTO reports weak early 2024 trade growth due to geopolitical risks, emphasizing cooperation for sustainable trade practices.

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