Nov 14, 2014

India-U.S. deal revives WTO and hope of world trade reform

India and the United States settled a dispute on Thursday that had paralyzed the World Trade Organization and risked derailing a $1 trillion package of reforms of global customs procedures. The deal, which needs to be backed by all 160 WTO members, has resurrected ...

Oct 21, 2014

World would be $11 trillion richer after WTO Doha deal: study

Sealing a global free trade deal would add $11 trillion to the world economy and pull 160 million people out of poverty by 2030, economists said in a study published Tuesday. Member states of the World Trade Organization launched negotiations in 2001 in the ...

Aug 8, 2014

China loses appeal of WTO ruling on rare earth exports

China lost an appeal at the World Trade Organization in a case brought by the United States, the European Union and Japan to challenge China’s restrictions on exports of rare earths, according to a WTO Appellate Body ruling published on Thursday. “China has not ...

Aug 5, 2014

Japan to end retaliatory tax on U.S. over Byrd Amendment

The Finance Ministry said Tuesday it will end a retaliatory tax imposed on U.S. products in response to that country’s Byrd Amendment. Under the amendment, the United States distributes revenue derived from antidumping duties collected from foreign companies to domestic producers. The retaliatory tax ...

Jul 9, 2014

WTO heavyweights to launch tariff talks on green goods

Japan and 13 other members of the World Trade Organization said Tuesday that they will start negotiations to cut tariffs on green products such as wind turbines and solar panels. The 14 countries and regions, which includes the United States, the European Union and ...

WTO rules in favor of Washington over auto dispute with China

May 24, 2014

WTO rules in favor of Washington over auto dispute with China

The United States has scored a victory before the World Trade Organization in a case that challenged China’s imposition of penalty tariffs on the sale of $5 billion in U.S.-made vehicles in China. A WTO panel ruled Friday that China’s tariffs violated international trade ...

Mar 26, 2014

Japan, U.S., EU win rare earth dispute with China

The World Trade Organization says China’s curbs on rare earth exports violate global trade rules. A WTO dispute settlement panel on Wednesday fully backed a joint complaint from Japan, the United States and the European Union, urging China to take corrective measures. The case ...

Dec 7, 2013

WTO global trade deal gains traction

A deal to boost global trade has been OK’d by the World Trade Organization’s 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing field for rich and poor countries ...