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The Latest Breaking News from WTO

The Latest: S&P 500 falls 2% at the open despite Trump’s tariff pause

U.S. stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy

The Independent UK

Canada was mostly spared from Trump’s reciprocal tariffs, but it must not grow complacent

United States President Donald Trump’s so-called Liberation Day introduced sweeping reciprocal tariffs on approximately 60 countries on April 2.

The Conversation

The Latest: Trump’s latest round of tariffs go into effect

President Donald Trump has launched tariff wars with nearly all of America's trading partners

The Independent UK

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Hungary’s exit from the International Criminal Court is a sign of the times

After deciding to flout an international arrest warrant against Benjamin Netanyahu, Hungary has become the first European country to announce plans to leave the International Criminal Court (ICC). This comes after president Viktor Orbán hosted Israeli prime minister Benjamin Netanyahu, despite the ICC issuing an arrest warrant for him in…

The Conversation

Major Trade Wars Since The 19th Century

As the world reels from US President Donald Trump's tariffs onslaught, here is a look back at some major trade wars since the 19th century: - 19th century Opium Wars - In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China…

International Business Times

Trump discusses ‘major’ tariffs on pharma imports at Republican dinner – as it happened

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The Guardian - US

Fact check: Are Donald Trump's tariffs on the EU really reciprocal?

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure.

Euronews

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What to know about President Donald Trump's vast array of tariffs

President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the US.

Euronews

Japan Says US Tariffs 'Extremely Regrettable', May Break WTO Rules

Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement.

International Business Times

Explainer: What Trump’s New 10% Tariff On Australian Goods Actually Means For You

"This is not the act of a friend,” Albo said of Trump's move today.

Pedestrian.tv

US tariffs will upend global trade. This is how Australia can respond

US President Donald Trump has imposed a range of tariffs on all products entering the US market, with Australian exports set to face a 10% tariff, effective April 5.

The Conversation

Labor to consider WTO challenge if Trump targets Australia with ‘liberation day’ tariffs

Government sources anticipate tariffs of up to 20% across all exports to the US in broad-brush regime

The Guardian - AU

Where are the highest, lowest tariffs? Trump’s reciprocal tariffs explained

The US has some of the lowest tariffs in the world. Trump wants to reverse that with reciprocal tariffs on April 2.

Al Jazeera

US 'In Arrears' At The WTO

The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday.

International Business Times

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The Conversation

A ‘golden age’ of global free trade is over. Smaller alliances can meet the moment

The global trade landscape is shifting, and not in the way free traders had hoped. For decades, the belief that economic openness could foster peace and stability reigned supreme. Trade, it was argued, could transform authoritarian regimes into more peaceful players. But Russia’s invasion of Ukraine has shattered this way…

International Business Times

Trump Tariff Threat Leaves Sour Taste For European Drinks Producers

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling trade war, will hit a market worth $10 billion to EU producers in 2023, according to World Trade Organisation figures.

The Conversation

Protectionism has a long history in the US – so its return should not be all that surprising

While Britain has for the most part had a strong commitment to free trade, it’s a very different story in the US, which has a long history of protectionism. This means that President Donald Trump’s tariff wars are playing out very differently politically on his side of the Atlantic. And…

The Conversation

With Australian steel and aluminium set to incur US tariffs, global uncertainty will be our next challenge

“Unjustified” and “not the way that friends and allies should be treated”. That’s how Prime Minister Anthony Albanese and Foreign Minister Penny Wong have described the latest shot in United States President Trump’s trade war.

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The Independent UK

World Trade Organization chief says US concerns on tariffs need to be heard

The head of the World Trade Organization says America's global trading partners should listen to U.S. concerns about tariffs and engage in dialogue rather than embrace tit-for-tat measures on tariffs

The Conversation

The Canada Carbon Rebate is still widely misunderstood — here’s why

As Canada’s federal parties gear up for the upcoming federal election, one of the key issues on the campaign trail will be how Canada will meet its climate policy targets.

International Business Times

Trump Tariffs Leave WTO Adrift In Eye Of The Storm

The World Trade Organization's entire mission is overseeing global trade, but US President Donald Trump's tariff offensive has left it adrift.

International Business Times

China Condemns US 'Tariff Shocks' At WTO

The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession, China said Tuesday at the World Trade Organization.

The Conversation

Trump’s view of the world is becoming clear: America’s interests matter more than any set of rules

Last week in Europe, the United States sent some very strong messages it is prepared to upend the established global order.

The Independent UK

Hong Kong complains to WTO about US levies as China’s tit-for-tat tariffs take off

Donald Trump ‘totally disregarded’ Chinese city’s status as separate customs territory

The Guardian - UK

UK Steel says Trump has ‘taken a sledgehammer’ to free trade; BoE governor warns against ripping out regulation – as it happened

UK steel industry fears surge of foreign imports as US imposes 25% tariffs, as Bank of England chief says world should not forget 2008 crisis

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