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The Latest Breaking News from WTO

Farmers optimistic of China barley ban ending

Australia's peak body for farmers says the possible end of large tariffs imposed by China on barley could lead to restrictions on other goods being removed.

AAP

Australia inks deal to wind back China’s barley tariffs as trade relations thaw

The decision by China to review its trade restrictions on Australian barley has created a “face-saving off ramp” towards resuming trade ties.

The New Daily

Australia and China’s barley deal over tariffs is an 11th-hour off-ramp after years of trade tensions

Latest move fits with Albanese government’s attempts to pursue ‘constructive’ dialogue with China without making any policy concessions

The Guardian - AU

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Australia suspends WTO case against China on barley tariffs

Australia has suspended a complaint to the World Trade Organization in a bid to reopen the Chinese market to Australian barley for the first time in three years

The Independent UK

Australia strikes deal with China over barley trade dispute

In ‘sign of goodwill’, federal government temporarily suspends WTO challenge as China agrees to review its tariffs

The Guardian - AU

Breakthrough in drawn-out trade dispute with China

China has agreed to undertake a review of trade restrictions on Australian barley after the federal government paused its World Trade Organisation case.

AAP

Australia reaches deal with China in barley dispute as trade ties improve

Australia has reached an agreement with China to resolve their dispute over barley imports, the two countries said on Tuesday, a latest sign of improving ties between the major commodity trade partners.

Reuters

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Federal government says agreement reached with China to resolve barley dispute

The federal government agrees to suspend its appeal to the World Trade Organization over Chinese government tariffs on Australian barley.

ABC News

WTO sees 'subpar' 2023 global trade growth

Geneva (AFP) - The World Trade Organization said Wednesday that 2023 global trade growth would be slightly better than feared, but would remain "subpar", weighed down by the Ukraine war and stubbornly high inflation.

AFP

To counter China, US trade rep seeks closer ties to allies

The Biden administration is pressing its case for a new approach to global trade

The Independent UK

‘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

What Is the World Trade Organization? Definition & History

What Is the World Trade Organization?The World Trade Organization is an international institution that serves as a platform for countries to negotiate trade agreements. Rules govern trade between nations, and the WTO functions as a go-between to settle trade disputes between member countries. As a ...

The Street

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Foreign Affairs

How Commerce Can Save the Climate

The case for a green free trade agreement.

Bangkok Post

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…

The Guardian - AU

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

ABC News

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.

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Reuters

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.

Tribune News Service

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.

Roll Call

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.

Reuters

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.

ABC News

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.

The Japan News/Yomiuri

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.

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