Japan has agreed to join an alternative dispute resolution system to the World Trade Organization (WTO) after a prolonged inactivity of the WTO Appellate Body left the country’s dispute cases in limbo. The cabinet approved the decision to participate in the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) on Friday, according to the Japanese Ministry of […]
Tourist accommodation levels across the European Union were nearing pre-pandemic levels in 2022. According to the bloc’s statistics office, the number of overnight stays in tourist accommodations approached nearly 2.8 billion last year. Figures published by Eurostat show that nights spent in holiday accommodation throughout Europe were down by a mere 5.6 percent, compared to […]
America’s semiconductor war with China is heating up. Beijing is launching a dispute against the U.S. at the World Trade Organization, or WTO. The case is over Washington’s sweeping semiconductor ban. The move aims to prevent Beijing from using American technology to advance its own military, because semiconductors are critical for military technology, from nuclear […]
BRUSSELS—The European Union launched a legal challenge against China at the World Trade Organization on Friday, arguing that Chinese courts were preventing European companies from protecting their telecom technology patents. The European Commission, which filed the challenge on behalf of the EU’s 27 members, said EU companies were being deterred from going to a foreign […]
What was living in China like during the Cultural Revolution as a young girl? I caught up with Lily Tang Williams, who grew up during the 10-year Cultural Revolution in China. She now speaks across the country warning the American people about the horrors of communism, including about some of the same tactics used in […]
This year marks the 20th year since China was accepted into the World Trade Organization (WTO). With the acceptance came a set of commitments China promised it would fulfill. These free trade requirements are a clear contrast to China’s economic model—a socialist state-planned economy. Now, the leader of China claims the state has met all […]
GENEVA—The United States said on Wednesday that China’s industrial policies “skew the playing field” against imported goods and services, as well as their foreign providers, and that Washington would pursue all means to secure reforms. In addition to industrial subsidies, other “unfair trade practices” include preferential treatment for state enterprises, data restrictions, inadequate enforcement of […]
BRUSSELS—The United States secured a victory at the World Trade Organization (WTO) on Thursday in a case brought by China over U.S. measures to limit the import of solar panel cells. A three-person WTO panel rejected all four of China’s claims and said that the measures did not breach global trade rules. The United States […]
How did the Chinese regime become a world player? In what ways did the Chinese Communist Party flip the rules under the World Trade Organization (WTO) and make free markets less free? In this episode, we sat down with Clyde Prestowitz, president and founder of the Economic Strategy Institute and author of “The World Turned […]
MELBOURNE—Australia’s complaint to the World Trade Organization (WTO) over China’s anti-dumping duties on wine exports should enable bilateral negotiations, Foreign Minister Marise Payne said on Sunday. The government filed a complaint on Saturday over duties that were applied last year and nearly wiped out exports of Australian wine to the Chinese market. “What lodging the […]
WILMINGTON, Del.—The U.S. top trade negotiator will begin talks with the World Trade Organization on ways to overcome intellectual property issues that are keeping critically needed COVID-19 vaccines from being more widely distributed worldwide, two White House officials said Sunday. The White House has been under pressure from lawmakers at home and governments abroad to […]
GENEVA—The World Trade Organization’s bid to select a new leader was plunged into uncertainty on Wednesday after the United States rejected the proposed candidate for the position of director-general of the global trade watchdog. Nigeria’s Ngozi Okonjo-Iweala came out ahead of South Korea’s Yoo Myung-hee as the preferred candidate by member countries, with one to become the […]
GENEVA/BRUSSELS—The World Trade Organization found on Tuesday that the United States had breached global trading rules by imposing multi-billion dollar tariffs in President Donald Trump’s trade war with China, a ruling that drew anger from Washington. Washington says tariffs it imposed two years ago on more than $200 billion in Chinese goods were justified because […]
The World Trade Organization (WTO) says the United States violated trade rules with tariffs on China. But the United States says the WTO isn’t doing anything to stop the Chinese regime’s harmful practices. Is the Fed’s massive stimulus behind the rise of gold this week? We ask Daniel Lacalle at Tressis hedge fund what he […]
Border clashes between India and China took a fatal turn. At least 20 Indian soldiers were killed in a violent face-off. The Chinese side also suffered casualties. The situation in Beijing is getting more severe. Virus cases now exceed 100 with thousands being tested. Thirty neighborhoods are now on lockdown. Seventy percent of U.S. universities […]
The ongoing pandemic has brought America’s dependence on China for medical supplies into the spotlight. According to a recent congressional report(pdf), 30 percent of personal protective equipment imported to the United States last year came from China. Similarly, 80 percent of the basic components used in U.S. drugs mostly come from China and India. But 80 […]
