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 World Trade Organization (WTO)

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updated Wed. April 4, 2018

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It's a "very delicate" moment in trade relations between some of the world's large economies, World Trade Organization Director-General Roberto Azevedo said Tuesday at a conference in Lisbon. The world is struggling with how to respond to U.S. President Donald Trump, who imposed steel and ...
It's a "very delicate" moment in trade relations between some of the world's large economies, World Trade Organization Director-General Roberto Azevedo said Tuesday at a conference in Lisbon. The world is struggling with how to respond to U.S. President Donald Trump, who imposed steel and ... war

China said it would immediately challenge the U.S. move in the World Trade Organization. "It must be said, we have been forced into taking this action," a deputy commerce minister, Wang Shouwen, said at a news conference. "Our action is restrained." A deputy finance minister, Zhu Guangyao, appealed ...
Now it's time to add the World Trade Organization to the list. The early signs of the US president's intentions towards the Geneva-based trade body all pointed towards hostility. As a candidate he called it a "disaster" and threatened a US withdrawal. His administration's trade office then said the United States ...
Nobel Prize-winning economist Joseph Stiglitz sounded a warning on President Donald Trump's resistance to appointing new judges at the World Trade Organization. "What makes things particularly of concern to me right now is that Trump has blocked the appointment of new judges at the WTO, and the ...

GENEVA — The handsome stone edifice that serves as the headquarters for the World Trade Organization rises like a fortress over Lake Geneva, projecting an air of impregnability. But lately the institution looks vulnerable, sowing worries that global commerce itself may be in jeopardy. As the United States ...
Quite rightly, President Donald Trump and his Administration are targeting the transgressions of China against US intellectual property rights in their unfolding trade strategy. But why not use the WTO rules that offer a real remedy for the United States without resorting to illegal unilateral action outside the ...
African heads of state have gathered in Kigali, Rwanda, to sign a free trade agreement that would result in the largest free trade area in terms of participating countries since the formation of the World Trade Organization. Leaders are poised to approve the African Continental Free Trade Area, a deal that will ...
But in one area this talk may have profound effects: on the health of the World Trade Organization and, surprisingly, on the ability of international actors to come together and confront China on trade and other issues—the very security concerns the president says that he's safeguarding. Advertisement.
Of course, the World Trade Organization (WTO) is meant to prevent these situations: both the unilateral raising of tariffs and the need for countries to strike side deals. The WTO, and its predecessor the GATT, came into existence for three primary reasons. The first was to ensure that its member ... World Trade Organization
The World Trade Organization can trace its roots back to end of World War II. In 1947, 23 nations came together to sign the General Agreement on Tariffs and Trade, or GATT. It went into effect in 1948. The rules established in GATT governed international trade during the second half of the 20th century.
The International Chamber of Commerce and the Qatar Chamber of Commerce and Industry have renewed a partnership agreement aimed at securing a robust ICC World Trade Agenda (WTA) work programme, established in 2012 to contribute to the advancement of the global rules-based trade and ...
GENEVA – The World Trade Organization on Wednesday selected Junichi Ihara, Japan's representative in Geneva, as the next chairman of the WTO General Council. Ihara, who will hold the post for a one-year term, becomes the second Japanese to head the General Council following Shotaro Oshima, ...
The World Trade Organization this week warned that Mr. Trump's trade war could lead the world into another recession. A major global trade war in the 1930s had disastrous results as it deepened the Great Depression. Yet the European Union (EU) has vowed to hit back by imposing retaliatory tariffs on ...
Trade wars could leave world in 'deep recession,' World Trade Organization chief says World Trade Organization Director-General Roberto Carvalho de Azevedo attends a press conference at the German federal Chancellery on March 11, 2015 in Berlin, Germany. Azevedo warned against harsh trading ...
“But we are fair and reciprocal traders and the World Trade Organization I think needs to change with the times,” he said. Trump's announcement of tariffs on aluminum and steel imports have sparked negative reactions from a number of major U.S. allies. European Commission President Jean-Claude ...

Former Director-General of the World Trade Organization, Pascal Lamy, arrives to give evidence to the Exiting the European Union Committee of ... “The more Britons move away from the EU the more it will cost them,” Lamy, a former director-general of the World Trade Organization, said in an interview.
During a meeting with World Trade Organization Chief Executive Roberto Azevedo, Prime Minister Boyko Borisov said Bulgaria continues to maintain economic and financial stability and take active measures to achieve high economic growth. Bulgarian exports have increased by almost 12% last year, ...
Trump says the World Trade Organization is a "catastrophe" and makes it almost impossible for the US to do good business. He specifically cited Canada and Mexico, where he said "the US loses a lot of money." Trump is finding out that his NAFTA partners aren't particularly concerned about the US leaving ...
Fortunately, U.S. leaders at that time recognized the value of a liberal multilateral trading system and supported a step forward, namely the establishment in 1995 of the World Trade Organization. The WTO goes beyond the GATT, because it deals not only with tariffs, but also with other barriers to trade, ...
The World Trade Organization is an international organization established in 1995 to regulate global trade. Membership in the organization is made up of approximately 160 countries, including the United States, which Gold refers to as "the architect of the entire global system." The WTO did not respond to ...
“We are considering a trade dispute against the US at the World Trade Organization and we are waiting to see the final order on the proposed safeguard duties on steel and aluminium,” a trade envoy of a major steel-producing country, who asked not to be named, said on Sunday. “It remains to be seen ...
A steel worker takes a sample at the blast furnace of ThyssenKrupp steel company on Sept. 22, 2005 in Duisburg, Germany. Ordering combative action on foreign trade, President Donald Trump has declared that the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with ...
White House trade adviser Peter Navarro on Sunday dodged a question about whether the United States will ultimately leave the World Trade Organization (WTO). Navarro told CNN's Jake Tapper on "State of the Union" it was “a provocative question” to ask if the Trump administration will pull the U.S. out ...
14 requested World Trade Organization (WTO) consultations with the United States over the use of a statute that authorizes the Commerce Department to make adverse inferences against uncooperative foreign respondents in antidumping (AD) and countervailing (CV) duty cases, the WTO announced ...
South Korea is considering filing a complaint with the World Trade Organization if the U.S. levies heavy duties on steel. Max Baucus, former U.S. ambassador to China, told CNBC that it's more effective to target the issue of over-capacity together with other countries than focusing on punitive actions like ...
Suresh Prabhu was addressing the concluding day of brainstorming session on World Trade Organization (WTO). PTI @moneycontrolcom. Commerce and Industry Minister Suresh Prabhu today said that aspirational India cannot ignore new issues such as e-commerce in WTO but it has to articulate its ...
The event was held against the background of anxiety that the United States is taking steps to undermine the World Trade Organization (WTO), pursue protectionism and spark a trade war with China and others. If the multilateral trading system stalls, the fear is, the development aspirations of poorer and ...
Finance Minister Sri Mulyani Indrawati said the government was still in ongoing discussions with other member countries of the World Trade Organization (WTO) and World Customs Organiz... most viewed; most shared. After stunning growth streak, Amazon ambitions seem boundless · No instruction to bar ...
Since the United States joined the World Trade Organization in 1995, it has only pursued two such investigations. Both times — in a 1999 case involving oil imports and a 2001 case involving iron ore and steel imports — the Commerce Department refused to recommend sanctions. Critics fear that other ...
In 2001 China joined the World Trade Organization (WTO), forever changing global production and supply chains as capital eagerly moved from West to East. The result of these and similar intergovernmental developments: according to the World Trade Report 2014 world merchandise and commercial ...
Since President Trump imposed tariffs last month of up to 50 percent on washers and solar products, five of America's trading partners have filed requests for consultation with the World Trade Organization. South Korea, the first country to cry foul, filed consultation requests for the washer and solar tariffs on ...
Bosnia expects to overcome obstacles from Russia to its membership of the World Trade Organisation and join the group in mid-2018, Foreign Trade Minister Mirko Sarovic said on Thursday. FILE PHOTO - A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, ...
Fortunately, U.S. leaders at that time recognized the value of a liberal multilateral trading system and supported a step forward, namely the establishment in 1995 of the World Trade Organization. The WTO goes beyond the GATT, because it deals not only with tariffs, but also with other barriers to trade, ...
[SEOUL] South Korea's trade ministry said on Wednesday it will take a dispute to the World Trade Organization against the United States for imposing high anti-dumping duties on South Korean steel and transformers. The move comes after the United States in May 2016 slapped anti-dumping duties on ...
DUBAI: Roberto Azavedo, director general of the World Trade Organization, mounted a staunch defense of his organization, which has come under attack from rising anti-globalist and populist sentiment in the US and Britain. “The world does not have a future if the WTO does not have a future. It is the ...
That same day, the European Union became the fourth member of the World Trade Organization to request discussions with the United States for compensation for the solar tariffs, following similar requests by China, Taiwan and South Korea. Chinese officials also confirmed last weekend that they had ...
International trade agreements may not move markets much on Day One. But they can prove longer-term game-changers for the countries and industries involved. The European Common Market, North American Free Trade Agreement, and China's 2000 entry into the World Trade Organization all turned ...
You may remember seeing news footage of the protests at the doors of the World Trade Organization's (WTO) Third Ministerial Conference held in Seattle, Washington in 1999. Similar demonstrations against the WTO have also occurred in Italy, Spain, Canada and Switzerland. What is the WTO, and why ...
South Korea has requested consultations with the US government over its newly announced solar import tariffs, threatening legal action at the World Trade Organization (WTO) if the dispute, including an appeal for compensation, is not resolved. Seoul has also filed the same complaints over the US ...
Uzbekistan intends to join the World Trade Organization. For this purpose, the country will adopt an investment code. Sodiq Safoyev, first deputy chairman of the Senate of Olyi Majlis, believes that Kazakhstan is an example for the republic in fulfilling all conditions to join the WTO and harmonizing ...
WATCH ABOVE: Ambassador Michael Froman, former trade representative under president Obama tells Vassy Kapelos he hopes Canada's complaint before the World Trade Organization against the U.S. does not blow up on them given President Trump is critical of the WTO and the dispute settlement ...
Australia has filed a complaint about Canada's rules around wine sales with the World Trade Organization. The complaint filed Friday argues that Canada's distribution, licensing and sales measures discriminate against imported wine. It targets product markups, market access and listing policies used in ...
WASHINGTON — Canada has filed a sweeping trade case against the United States at the World Trade Organization, lobbing a diplomatic grenade at the Trump administration's “America First” approach amid an increasingly embattled trade relationship between the long-standing North American allies.
Canada Takes Trade Dispute With U.S. To World Trade Organization (WTO) ... a wide-ranging trade dispute against the United States, challenging the neighbouring country's use of anti-dumping and anti-subsidy duties, according to a World Trade Organization (WTO) filing published on Wednesday.
WASHINGTON — Canada has filed a sweeping trade case against the United States at the World Trade Organization, lobbing a diplomatic grenade at the Trump administration's “America First” approach amid an increasingly embattled trade relationship between the longstanding North American allies.
GENEVA: India hit back on Monday at Washington's latest legal assault on its solar power policies+ at the World Trade Organization, rejecting a US legal claim and exploring possible new protection of India's own solar industry. Last month, the United States had triggered a new round of litigation at the ...
Former World Trade Organization chief, UN envoy Peter Sutherland dies at 71. Peter Sutherland. Giuseppe Aresu / ... Irish businessman and diplomat Peter Sutherland, who held senior roles in the European Union, the World Trade Organization and the U.N., has died. He was 71. Sutherland's family says ...
The U.S. International Trade Commission released a new report on the Section 201 trade case this week that the Trump administration could use to defend new solar tariffs, if challenged at the World Trade Organization. Ambassador Robert Lighthizer, head of the Office of the U.S. Trade Representative, ...


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