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The Latest Breaking News from WTO

Australia seeks direct resolution of trade dispute with China before WTO ruling

As Penny Wong heads to Beijing for the first such visit in four years, trade minister says he is confident economic issues can be resolved

The Guardian - AU

Editorial: Biden White House continues bad Trump tariffs

The Republicans used to be the party of (relatively) free-traders in this country, recognizing that when it comes to manufacturing, nations ought to make what nations can make the best: most efficiently, with a quality and a price that makes consumers around the world prefer that commodity as compared with…

The Orange County Register

China calls US 'destroyer' of global trading system at WTO

China accused Washington on Wednesday of using subsidies to prop up national industries and refusing to abide by the rules of the World Trade Organization.

Reuters

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China launches suit against US at WTO over chip curbs

In October, the US published a sweeping set of export controls aimed at kneecapping China’s semiconductor sector.

Al Jazeera

MPs lash officials over 'misleading' trade analysis

Officials have been told to deliver more candid and transparent advice on international deals, after a parliamentary committee criticised the quality of analysis it received.

Newsroom.co.nz

Biden cements Trump-era steel, aluminum tariffs in WTO snub

If there were any hope President Joe Biden would undo his predecessor’s divisive trade tariffs that caused upheaval in the global steel and aluminum markets, it all but evaporated Friday.

Tribune News Service

Taiwan mulls WTO case after latest Chinese import bans

Taiwan may take China to the World Trade Organization after the country effectively banned the import of more Taiwanese food and drink products, Premier Su Tseng-chang said on Saturday as Beijing accused Taipei of "political manipulation".

Reuters

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WTO rules against Trump's steel and aluminum tariffs

The World Trade Organization has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules

The Independent UK

Trump metal tariffs ruled in breach of global rules by WTO

The World Trade Organization ruled on Friday that U.S. tariffs imposed on steel and aluminium imports by then President Donald Trump contravened global trading rules in a judgment immediately criticised by Washington.

Reuters

Let the WTO referee carbon border taxes

Perhaps the most important task confronting the international order is the enforcement of national limits on greenhouse-gas emissions, such as those that were negotiated in the 2015 Paris agreement. Carbon border adjustments could give these limits teeth, but fair application requires a revived World Trade Organization.

Bangkok Post

EU takes China to WTO over Lithuania trade dispute

The European Union has announced that it's begun legal action at the World Trade Organization against China over what it says are import restrictions Beijing has imposed on Lithuania

The Independent UK

Editorial: Reform and Opening-Up Is Needed to Get China’s Economy Back on Track

Easing of Covid restrictions won't automatically lead to recovery, with more economic reforms required by the government at all levels

Caixin Global

EXPLAINER: US-European differences on climate law persist

President Joe Biden is trying to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America

The Independent UK

Saudi Arabia, Morocco Sign MoU to Boost Sustainability in Tourism Industry

Saudi Arabia and Morocco signed on Friday a memorandum of understanding to promote cooperation in tourism and coordinate efforts to achieve sustainable development of the tourism industry. The ceremony was attended by Saudi Tourism Minister Ahmed bin Aqil Al-Khatib, and his Moroccan counterpart, Fatima Zahra Ammor, on the sidelines of…

Asharq Al-Awsat

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Newsroom.co.nz

Trade head: How to tackle the world's 'poly-crisis'

Countries can protect their supply chains without turning to protectionism, WTO director-general says.

The Conversation

Intellectual property waiver for COVID vaccines should be expanded to include treatments and tests

Global inequities in access to COVID vaccines have turned out to be a “catastrophic moral failure”, just as the World Health Organization warned they would in January 2021. Yet it took 20 months of negotiations for members of the World Trade Organization (WTO) to agree to a limited relaxation of…

ABC News

World Trade Organisation head says Australia should focus more on green hydrogen, less on coal

The head of the World Trade Organisation says Australia should aim to reduce its reliance on coal exports and instead focus on green hydrogen.

Bangkok Post

Time to act on conflict's impact

It is now nearly nine months since Russia invaded Ukraine. A war that should never have happened, and which Moscow hoped would be over in a matter of days, threatens to drag on endlessly. Estimates of military and civilian deaths vary wildly but are in the tens of thousands on…

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The Conversation

At the most challenging G20 in history, can Indonesia run a successful summit?

Indonesia is holding the G20 Summit in Bali on November 15-16. Heads of states from the world’s largest economies are attending – although Russian President Vladimir Putin has decided not to attend in-person.

The Guardian - AU

Australia hopes meeting between Anthony Albanese and Xi Jinping could free up ‘current trading blockages’ with China

Trade minister Don Farrell says Australia is ‘open to discussing possible off-ramps that result in a mutually agreed solution’

Reuters

COP27: WTO chief seeks to revive green trade talks

The head of the World Trade Organization aims to revive negotiations on a global environmental trade deal, she told Reuters, as part of efforts to give the trade watchdog a bigger role in tackling climate change.

Bangkok Post

Fixing insecurity in the food trade

Between rising hunger and the prospect of still more supply shortages, dark clouds are hovering over the global food system. Not only has the war in Ukraine limited access to, and raised prices for, food, and fertiliser, but extreme weather events are disrupting production, and economic downturns have diminished people's…

Dynamite News

World Cotton Day 2022: Time To Appreciate The Significance Of Cotton

One of the most widely used plant products globally is cotton, specifically cotton fibre and cottonseed. Read more on Dynamite News:

The Guardian - US

US Covid recovery in ‘jeopardy’ unless poorer countries helped, group warns

Congressional group writes letter urging Biden to extend WTO agreement aimed at easing generic vaccine exports

Reuters

WTO warns 'darkened' trade outlook could deteriorate further

The World Trade Organization forecast a slowdown of global trade growth next year as sharply higher energy and food prices and rising interest rates curb import demand, and warned of a possible contraction if the war in Ukraine worsens.

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