The Latest Breaking News from WTO

Over the past few years, the world’s supply chains have been strained and disrupted by the COVID pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.

The head of the World Trade Organization (WTO) added her voice to a growing chorus of observers who see the global economy headed into a recession.

The head of the World Trade Organization said on Tuesday the 164-member body can negotiate more ambitious deals, such as on agriculture, climate change and internal reform by its next major meeting, after concluding a series of trade deals in June.

The IBSA has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas.

At a meeting in Geneva, the U.S. and the European Union raised questions over India’s decision to ban export of wheat and rice, stating it could have adverse implications on global markets

Jakarta (AFP) - The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with Southeast Asia's largest economy over palm oil and nickel, the bloc's trade commissioner said Tuesday.

In a recent study South Africa was identified as ranking first of 164 countries in the World Bank’s global poverty database. Underlying this inequality is its very high rates of unemployment. Professor Dori Posel spoke to World Trade Organisation (WTO) Director General Dr Ngozi Okonjo-Iweala about why trade is important…

WASHINGTON — While the climate, health care and tax law includes an overhaul for the electric-vehicle tax credit, allies and industry representatives have expressed concern that the statute may ultimately benefit too few consumers.

The overhaul by Congress for the electric-vehicle tax credit may ultimately benefit too few consumers, allies and others say.

A new tax credit for U.S. buyers of qualifying electric vehicles made in North America in the Inflation Reduction Act has prompted unfair trade practice allegations overseas

The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate against European producers and break world trade rules