Tag Archives: WTO

Bloomberg News reports: The World Trade Organization undercut the main justification for President Donald Trump’s trade war against China, saying that American tariffs on Chinese goods violate international rules. Washington has imposed levies on $400 billion in Chinese exports. The panel said in its report “that the United States had not met its burden of demonstrating that the measures are …

Reuters reports: Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization (WTO) on Wednesday about possible U.S. measures imposing additional duties on imported autos and parts. Japan, which along with Russia had initiated the discussion at the WTO Council on Trade in Goods, warned that such measures could trigger a …

Axios reports: President Trump has repeatedly told top White House officials he wants to withdraw the United States from the World Trade Organization, a move that would throw global trade into wild disarray, people involved in the talks tell Axios. What we’re hearing: “He’s [threatened to withdraw] 100 times. It would totally [screw] us as a country,” said a source …