Talks to reform the World Trade Organization and extend a moratorium to not impose customs duties on electronic transmissions such as digital downloads entered their final day on Sunday with no breakthrough yet in sight, diplomats said. Trade ministers are working at a WTO meeting in Cameroon to close the gap between the United States […]
World Trade Organization
US, Japan kick off trade talks amid China deal optimism
As optimism grows that the United States and China are nearing a trade deal, Japan kicks off its own negotiations with Washington from Monday, hoping to resolve some of the issues “very quickly.” US Trade Representative Robert Lighthizer and Japan’s Economy Minister Toshimitsu Motegi are set to embark on two days of talks in Washington. […]
A landmark ruling for international trade
The World Trade Organization (WTO) recently issued a landmark ruling, in a case involving a dispute between Russia and Ukraine. What makes the decision so important? The WTO panel ruled on Article XXI of the General Agreement on Tariffs and Trade (GATT). Prior to delving into the substance of this ruling and the implications flowing […]
Japan hits back as US mulls auto tariffs
Japan’s trade minister on Thursday pushed back against Washington for considering possible tariffs on automobile imports, a major driver of the Japanese economy. Hiroshige Seko said the tariffs under consideration — reportedly as high as 25 percent — would disrupt the global market and go against the rules of the World Trade Organisation. “If, only […]