NEWSWORTHY

Business Sep 26, 2018

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 ...

'Urgent need' to reform WTO, G20 trade ministers say

Business / Economy Sep 15, 2018

'Urgent need' to reform WTO, G20 trade ministers say

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 ...

Business Sep 14, 2018

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 ...

China files WTO challenge against latest U.S. tariff plan

Business / Economy Jul 16, 2018

China files WTO challenge against latest U.S. tariff plan

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 ...