WTO crisis and reform

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Beyond Brussels: US WTO complaints against Section 232 retaliation – the arguments

The Trump administration’s trade complaints against import duties applied by Canada, China, the EU, Mexico and Turkey on US goods are short and sweet – and almost identical. Washington argues that the measures are discriminatory and, except in the case of Mexico, they exceed permitted duty rates. The US lodged …

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WTO: EU drums up support for reform, US pushes agriculture discussions

The EU’s proposals to overhaul the World Trade Organization are gaining traction among some if its leading members. The reform momentum, triggered by the Appellate Body member nomination crisis and the United States’ unilaterally imposed tariffs on steel and aluminium, appears to have elicited a US riposte with new proposals …

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Section 232: US brings dispute on EU, Chinese ‘rebalancing’ measures to WTO

Washington has hit back at five World Trade Organization members for “illegal” tariffs that were imposed on US products in response to the Trump administration’s decision to apply duties on foreign steel and aluminium. The US announcement today that it had filed five complaints targeting the EU, China, Canada, Mexico and …

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Beyond Brussels: As WTO sounds the alarm about protectionism, new US and Chinese tariffs kick in

US tariffs on Chinese goods kicked in today. So did Chinese duties on US products. Chalk up at least another two trade restrictions that will be added to the World Trade Organization’s next semi-annual listing of barriers erected by Group of 20 economies.   Earlier this week, the WTO issued …

Latest news United States WTO crisis and reform

US auto tariffs: EU vows to defend its interests in heated WTO meeting

The EU joined more than a dozen World Trade Organization members in denouncing the Trump administration’s threat to impose import duties on vehicles and car parts, saying such a move would seriously disrupt the world market and harm global commerce.   Japan also suggested that such tariffs – which the …

Latest news United States WTO crisis and reform

Council details WTO reform wish list, is cautious on US auto tariff threats

The European Union’s heads of government significantly amended their conclusions on trade policy in the night from Thursday to Friday, offering more detailed guidance on what they want in terms of World Trade Organization reforms – a goal the EU formally set itself this spring. The Council officially remains silent …

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In brief: EU and China vow to exchange market access offers, work on WTO

European Commission vice president Jyrki Katainen prepared the groundwork for an EU-China summit in mid-July during today’s high-level economic and trade dialogue meeting in Beijing. The dialogue, initially set up in 2008, has never been much more than a talking shop. But it looks like this time could be different. …