NEWSWORTHY
Japan to sue South Korea at WTO over subsidies to shipbuilders
Tokyo believes that massive assistance provided to the South Korean shipbuilding industry by government-affiliated financial institutions goes against international trade rules.
Japan, U.S., and EU agree to co-sponsor proposal to reform WTO
Trade ministers from Japan, the United States and the European Union agreed Tuesday to co-sponsor a proposal that would bring changes to the World Trade Organization. The proposed changes concern the notification system for domestic industrial subsidies and would also strengthen the activities of the ...
Trade and investment ministers from Group of 20 countries meeting in Argentina said there was an "urgent need" to improve the World Trade Organization, a joint statement issued from the summit said on Friday. With U.S. President Donald Trump readying tariffs on another $200 billion ...
Japan seeks WTO panel over South Korea's stainless steel bar duties
Japan has asked the World Trade Organization to set up a dispute settlement panel to challenge South Korea's 14-year-old anti-dumping duties on Japanese stainless steel bars. South Korea in 2004 imposed anti-dumping duties of 15.39 percent on imported Japanese stainless steel bars, which are used ...
Trump could push Germany toward Russia and China, veteran diplomat says
The longer Donald Trump stays in office, the higher the risk that anti-American forces will gain the upper hand in Germany and push it into the arms of Russia and China, veteran German diplomat Wolfgang Ischinger said in an interview. The chairman of the Munich ...
WTO head warns U.S. exit from body would mean chaos for American business
The head of the World Trade Organization has responded to President Donald Trump's threat to leave the institution by warning such a move would cause chaos for U.S. companies operating around the world. In an Oval Office interview Thursday, Trump warned that he would withdraw ...
Trump threatens to pull U.S. out of WTO if it doesn't 'shape up'
U.S. President Donald Trump said he would pull out of the World Trade Organization if it doesn't treat the U.S. better, targeting a cornerstone of the international trading system. "If they don't shape up, I would withdraw from the WTO," Trump said Thursday in an ...
China announced Monday it had filed a World Trade Organization challenge to a tariff hike on $200 billion of Chinese goods proposed by U.S. President Donald Trump, reacting swiftly amid deepening concerns about the economic impact of their spiraling technology dispute. The one-sentence Commerce Ministry ...
Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization on Tuesday 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 ...
Trump threatens action on WTO after reports that he wants to withdraw
U.S. President Donald Trump threatened to take action against the World Trade Organization on Monday after media reports said he wanted to withdraw from the global trade regulator. Trump has complained frequently that the United States is treated unfairly in global trade and has sharply ...
The World Trade Organization is teetering on the brink. It's responsible members can't give Donald Trump an excuse to fatally undermining it's authority.
Japan considering appeal to WTO over South Korea's $11 billion financial aid for shipbuilder
Tokyo mulls filing a complaint over allegedly unfair subsidies for shipbuilders of up to $11 billion since 2015 that caused excessive price competition in the global market.
