The Latest Breaking News from WTO

Tariff wars are a recurring feature in the global trading system, and tensions between China and Canada have been ongoing for years. These tariff wars are largely driven by geopolitical tensions.

The WTO should pivot from trying to enforce the rules of global trade to giving countries a space to figure out solutions on their own.

Lok Sabha Speaker Om Birla on Thursday made a strong pitch for greater democratisation of global governance structures such as the UN Security Council and the World Trade Organization (WTO). Read further on Dynamite News:

In July 1944, with war still raging in Europe and the Pacific, 730 delegates from 44 countries gathered at the Mount Washington, a grand hotel built at the turn of the century in New Hampshire. They were on the edge of a little town called Carroll, surrounded by a national…

China investigates EU pork imports amid trade tensions over electric vehicles. EU subsidies compliant with WTO. Spain seeks dialogue to avoid conflict.

The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the “Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules”. The tariffs are 25% on steel and aluminium, 50% on semiconductors and solar panels, and 100% on…

Since its invasion of Ukraine, Russia's grain exports have not only been spared by European Union sanctions, but even stayed free of tariffs -- a seeming anomaly the bloc has now agreed to rectify.

Editorial: Joe Biden and Donald Trump agree on tariffs against China. The world has lost its biggest cheerleader for globalisation