Browsing: World Trade Organization

Trump’s Iran tariff announcement arrived without legal clarity, leaving global partners unsure how US agencies would define or enforce compliance.

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.

Trump warns tariffs on the EU and UK are imminent, citing trade imbalances, but signals Britain may negotiate a deal to avoid levies. EU vows to retaliate against potential tariffs.

China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff measures.

WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.

The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc’s biggest trade clash in a decade.

The WTO’s 2024 World Trade Report highlights the crucial role of trade in narrowing income gaps and fostering economic inclusiveness, urging global cooperation for shared prosperity.

In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations.