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The Latest Breaking News from WTO

‘His excellency’ no longer: Grenada sunsets Justin Sun's role as WTO rep in wake of SEC lawsuit

The U.S. government recently sued the crypto celebrity, alleging the illegal sale of unregistered securities and market manipulation.

Fortune

Critics say Big Tech uses trade deals to avoid data privacy laws

WASHINGTON — Tech companies are using international trade agreements to conceal software codes behind artificial intelligence programs as well as circumvent U.S. legislation that could curb the industry’s freewheeling use of consumer data, according to lawmakers and advocacy groups.

Tribune News Service

Critics say Big Tech uses trade deals to avoid data privacy laws - Roll Call

Some Democrats and advocacy groups say Big Tech companies are using international trade deals to circumvent data privacy laws.

Roll Call

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How Commerce Can Save the Climate

The case for a green free trade agreement.

Foreign Affairs

Multilateralism is still the best course of action

The great statesmanship and leadership that the United States showed during and after World War II is well known. America was the world's preeminent political, economic, and military power, and instead of using its position to penalise the losers and demand reparations, it helped plan and found multilateral global-governance institutions…

Bangkok Post

Australian coal shipment to arrive at Chinese port as unofficial import ban ends

The resumption of trade marks an improvement in relations and comes a day after Australia-China ministerial talks

The Guardian - AU

Beijing invites trade minister to China, says it won't back down on 'principled' issues

China's Wang Wentao and Trade Minister Don Farrell could soon meet face-to-face, but both sides are playing down hopes of a swift end to thorny trade issues.

ABC News

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China, U.S. spar at WTO meeting over disputes

China and the United States exchanged sharp criticism at a World Trade Organization meeting on Friday, with Beijing calling Washington a "unilateral bully" and the U.S. accusing its rival of illegal retaliatory measures.

Reuters

U.S. wants World Trade Organization dispute system fixed by 2024

The United States is entering a third phase of talks with countries to reform the World Trade Organization's (WTO) hobbled trade dispute arbitration system and aims for it to be "fully functioning" by the end of 2024, the U.S. ambassador to the WTO told Reuters on Thursday.

Reuters

Manchin pushes stricter electric vehicle credit rules

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ climate and health care budget package enacted last year that defray the cost of buying electric and hydrogen-powered vehicles.

Tribune News Service

Manchin pushes stricter electric vehicle credit rules - Roll Call

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ 2022 climate package.

Roll Call

DAVOS 2023: WTO sticks with 1% projection for growth in global trade

The head of the World Trade Organization (WTO) said on Friday it was sticking with its 1% projection for global trade growth in 2023 - for now.

Reuters

Australian wine growers warn hefty tariffs imposed by China on reds, whites put industry at risk of oversupply as picking season approaches

Wine grape growers say hard decisions need to be made before picking starts next month — with several other industries also hit hard.

ABC News

China eyes rule on office machines contradicting stance in WTO talks

GENEVA / BEIJING -- China has done an about-face since an October 2022 World Trade Organization meeting in which it clearly stated that it would not revise its standards to require office equipment such as multifunction printers to be designed and developed in China, it has been learned.

The Japan News/Yomiuri

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Bangkok Post

Sleepwalking into another trade war

The world is embroiled in a mega-crisis comprising the Covid-19 pandemic, Russia's war in Ukraine, high inflation, recession fears and rising debt distress across emerging markets and developing countries. The last thing we need is an additional source of economic harm. But that's what we may get, in the form…

Caixin Global

Editorial: Take International Rules Seriously

China will boost institutional opening-up, further enhance national awareness of rules and the spirit of the contract, and continue to optimize the business environment

Foreign Policy

Adam Tooze: Washington Is Undermining the Trade System It Helped Build

The World Trade Organization nears a breaking point over U.S. tariffs against China.

Tribune News Service

Japan wants G-7 to team up against ‘economic coercion’ by China

Japan wants the Group of Seven advanced economies to take a coordinated approach this year aimed at preventing the “economic coercion” that China has applied to some of its trading partners.

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news in one place.

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The Independent UK

WTO rejects US 'Made in China' labeling on Hong Kong goods

World Trade Organization arbitrators have concluded the United States violated its rules in requiring that products from Hong Kong be labeled as “Made in China.”

The Guardian - AU

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 Orange County Register

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…

Reuters

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.

Al Jazeera

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.

Newsroom.co.nz

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.

Tribune News Service

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.

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