WTO

The World Trade Organization’s (WTO) chief issued a warning on Thursday about the potentially disastrous impact of trade wars on global economic growth. What Happened: Ngozi Okonjo-Iweala, the WTO’s Director-General, voiced her concerns during a debate at the World Economic Forum...

The World Trade Organization (WTO) is holding a crucial meeting in Abu Dhabi, where ministers from nearly every country are aiming to set new global commerce rules. However, the WTO’s chief has cautioned against overly ambitious expectations. What Happened: The WTO’s biennial meeting,...

The World Trade Organization (WTO) ruled China overstepped its trade agreements by imposing tariffs on $2.4 billion of U.S. goods. On Wednesday, a trio of WTO specialists concurred with the U.S., stating China’s tariffs breached the organization’s “most favored nation”...

This story was first published on the Benzinga India portal. The United States and India have resolved six disputes at the World Trade Organization (WTO). What Happened? This agreement was reached during a meeting between President Joe Biden and Indian Prime Minister ...

Oil is on track to register first weekly gains in over a month as market participants remain optimistic Congress will find a resolution to the impending debt limit impasse. West Texas Intermediate futures maturing in July are trading higher by close to 1% at $72.62 per barrel during Friday...

The White House's Office of the U.S. Trade Representative (USTR) told congressional lawmakers in its annual assessment that China's compliance with World Trade Organization (WTO) obligations "remains poor." The USTR submits the report to Congress annually as a requirement of the 2000 U.S.-China...

The Office of the U.S. Trade Representative (USTR) in a report on Tuesday blasted the World Trade Organization (WTO) Appellate Body for overstepping its role in settling trade disputes between countries and called for its overhaul. "The Appellate Body's failure to follow the agreed rules has...

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The World Trade Organization (WTO) is like a parent – somewhat. It oversees a family sharing common values – somewhat. It has enough respect within the family to...

The General Council of the World Trade Organization (WTO) on Dec. 10 agreed to continue a moratorium on customs duties for electronic transmissions involving international commerce. The country members will maintain the current practice of not imposing customs duties on electronic transmissions...

The World Trade Organization has determined that the European Union continues to subsidize the Airbus A350, according to a Monday Reuters report. The finding concludes a second compliance procedure related to EU support for the plane manufacturer.  The WTO issued a panel report on the...

China is pressing international trade regulators to award it $2.4 billion in sanctions against the United States in a tariff dispute that started during the Obama administration. The World Trade Organization ruled in July that the United States hadn't fully complied with an earlier WTO ruling...

European aircraft manufacturer Airbus has issued a stark warning regarding the level of countermeasures the World Trade Organization (WTO) has authorized the U.S. to impose on products from the European Union (EU). Airbus warned in an October 2 news release that a decision by the U.S. trade...

The World Trade Organization (WTO) cut its 2019 forecast for trade growth in half due to slower global economic growth and ongoing political issues of U.S.-China trade relations and the U.K.'s pending departure from the European Union. While 2020 is expected to be stronger, the WTO warned that its...