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The Latest Breaking News from WTO

With Trump back in the White House, the age of free trade could be coming to an end

For a superpower like the US, free trade is, in practice, an invitation to partake in its wealth. But it also implies an obligation, including political support (or at least non-opposition) and an expectation that the poorer nation will give back part of its new riches by buying the superpower’s…

The Conversation

Can the world’s trade police survive Trump II?

Relevance of World Trade Organization under scrutiny amid US president-elect’s protectionist stance

The Guardian - UK

Costliest Snack Ever? Crypto Investor And Tron Founder Justin Sun Eats $6.2M Duct-Taped Banana: 'The Real Value Is The Concept Itself'

Cryptocurrency investor and Tron (CRYPTO: TRX) founder Justin Sun has eaten a $6.2 million

Benzinga

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Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future

The World Trade Organization chief says she’s “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump’s plans to impose new tariffs on goods from other countries including China, Mexico and Canada

The Independent UK

WTO Grants Okonjo-Iweala Second Term Amid Uncertain Future

WTO renews Ngozi Okonjo-Iweala's term amidst trade uncertainties and potential challenges ahead.

Top News

Ngozi Okonjo-Iweala: The WTO's Trailblazing Motivator

Ngozi Okonjo-Iweala, reappointed on Friday as head of the World Trade Organization, hinged her leadership on breaking logjams at the sclerotic institution through craft, dynamism and sheer force of personality.

International Business Times

WTO Chief Reappointed As Trump Threat Looms

World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules.

International Business Times

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WTO Chief Faces Heavy Task As Trump Threat Looms

World Trade Organization chief Ngozi Okonjo-Iweala is expected to be reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules.

International Business Times

Trump’s tariff threat could shake North American trade relations and upend agri-food trade

President-elect Donald Trump has announced plans to impose 25 per cent tariffs on all products from Canada and Mexico, alleging both countries have failed to curb the inflow of illegal immigrants and drugs into the United States. This policy is set to take effect once Trump assumes office in January.…

The Conversation

Countries criticize Trump tariff plans, which could flout trade pacts - Roll Call

Trump’s tariff plans were criticized by Mexico, Canada and China and raised questions about potential trade pact violations.

Roll Call

UK must choose between EU and Trump, trade experts warn

Pascal Lamy, former head of the WTO, says Britain will have to take sides if new US administration slaps hefty tariffs on imports, as fears grow over possible trade war

The Guardian - UK

Trump’s tariffs are nothing new – NZ’s real problem is the failing free trade system itself

Headlines following Donald Trump’s election victory focused largely on the influence of personalities, such as Elon Musk or Robert Kennedy junior, and single issues, such as how US tariff hikes would affect New Zealand’s exports.

The Conversation

Trump’s economic vision is no longer a ‘maybe’. Here’s what it might mean for Australia and the world

For months, experts and commentators have been weighing up what the possible return of Donald Trump might mean for financial markets and the global economy.

The Conversation

America's EV Revolution Enters 'Wait And See' Mode On Election Day

It's Election Day in the U.S., which means millions of people will make their way to the polls in order to make their voices heard. And with electric vehicles being so political this election cycle, it's clear that the next U.S. President will influence the adoption of battery-powered cars over…

InsideEVs

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The Independent UK

China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

International Business Times

Beijing Files WTO Complaint Over EU's New Taxes On Chinese EVs

Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars.

Radio France Internationale

Beijing files WTO complaint over EU's new taxes on Chinese EVs

Beijing said Wednesday it had lodged a complaint with the World Trade Organisation over the European Union's decision to impose hefty tariffs on Chinese-made electric cars.

International Business Times

Britain Seeking EU Trade Reset: Minister

Britain is urgently looking to reset its trading relationship with the European Union, and sees international commerce as key to reviving UK growth, trade minister Douglas Alexander told AFP. Alexander said Britain's 2016 vote to leave the EU caused "significant disruption" to its trade policy and the country needed to…

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news in one place.

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The Conversation

Is Australia’s trade war with China now over? The answer might be out of our hands

Finally, Australia’s rock lobster industry will be able to export to China again, following a deal struck on the sidelines of the ASEAN summit in Laos last week.

Top News

WTO Cautions On Global Trade Growth Amid Geopolitical Risks

WTO revises global goods trade growth forecast, highlighting risks and positive trends for trade in 2023 and 2024.

The Independent UK

World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks

The World Trade Organization has raised its outlook for global goods trade this year slightly, but cautions that increasing geopolitical tensions and uncertainty over economic policy pose “substantial” risks to its forecast

The Guardian - UK

UK steel industry calls for protectionist measures over glut driven by China

Lobby group UK Steel said country faces ‘cliff edge’ in 2026 when current protections run out

International Business Times

EU Launches WTO Challenge Against China Dairy Probe

The EU on Monday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy product, in the latest move in a trade spat between Beijing and Brussels.

StockNews.com

Why These 2 Shipping Stocks Are a Smart Buy for 2024?

The shipping industry shows promise for investors due to global merchandise trade growth, increased U.S. imports, e-commerce expansion, and strong container movement, driving dynamic sector expansion. Given this backdrop, it may be wise to invest in solid shipping stocks like ZIM Integrated Shipping Services (ZIM) and Matson (MATX). Keep reading….

Radio France Internationale

EU, China hold 'constructive' talks on electric vehicle tariffs but still no agreement

EU Trade Commissioner Valdis Dombrovskis reported positive progress in discussions with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China aims to negotiate an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.

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