Tag - wto

 
 

WTO

Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies.
COMMENTARY / World
Apr 5, 2024
Why have developing countries soured on multilateralism?
The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.
The United States has abandoned its long-standing demand for World Trade Organization provisions to protect cross-border data flows.
COMMENTARY / World
Mar 25, 2024
The U.S. is jeopardizing the open internet
The U.S. has changed its stance at the WTO on cross-border data flows, a move that could seriously harm the open internet that so many benefit from.
U.S. President Joe Biden announces new provisions in March 2022 requiring the government to buy more made-in-America goods.
COMMENTARY / World
Feb 26, 2024
Biden doesn’t get why we need the WTO
What do Biden and Trump have in common? Protectionism. As a result, the 13th WTO ministerial conference underway in Abu Dhabi is doomed to fail.
Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala addresses the 13th WTO Ministerial Conference in Abu Dhabi on Monday.
BUSINESS / Markets
Feb 26, 2024
WTO seeks modest outcome in UAE at 'critical juncture' for global trade
The stated goals is to set new global commerce rules, but even its ambitious chief Ngozi Okonjo-Iweala sought to curb expectations.
Laws governing global e-commerce and the growing tidal wave of data that crosses borders may soon change.
BUSINESS / Companies
Feb 22, 2024
Streaming a movie abroad may soon come with taxes at the border
It's still unclear exactly how governments would implement digital tariffs.
Given that developing countries’ domestic markets are much smaller than that of the U.S., liberal trade policies play a larger role in driving their economic growth.
COMMENTARY / World
Jan 31, 2024
Developing countries should reject American-style protectionism
America’s current industrial policy poses an existential threat to the multilateral trading system it worked so hard to build
India's exports represent about 40% of rice's global trade. New Delhi has banned or taxed rice and wheat exports to counter domestic food inflation.
COMMENTARY / World
Nov 14, 2023
India pushes the world toward another rice crisis
Spooked by volatile foodgrain prices ahead of a general election next year, India’s government has banned or taxed rice and wheat exports.
Tomochika Uyama, a senior official of the World Trade Organization, during an interview in Osaka on Sunday
BUSINESS / Economy
Oct 31, 2023
WTO's Tomochika Uyama eager to restore dispute settlement system
The senior adviser to the body's director-general cited momentum following a two-day meeting of Group of Seven trade ministers in Osaka.
As G7 leaders pledge to combat economic coercion with an eye on China, this could be counterproductive and end up hurting global trade.
COMMENTARY / World
Oct 23, 2023
The G7's anti-coercion campaign against China could backfire
When G7 trade representatives convene in Osaka starting Saturday, Chinese “economic coercion” is expected to be high on the agenda.
The World Trade Organization logo in Geneva
WORLD / Politics
Oct 3, 2023
At WTO, disregard for trade rules shows world is fragmenting
The WTO has warned a "polycrisis" of pandemic, war in Ukraine and inflation is sapping faith in globalization.
Kiyotaka Akasaka, a former U.N. undersecretary-general for communications and public information, speaks in an interview at the Nippon Communications Foundation in Tokyo on Thursday.
JAPAN / Politics
Sep 18, 2023
Japan should take China to WTO over seafood ban, ex-U.N. official says
Tokyo could file a complaint with the WTO as a "tactical move" to induce Beijing to end the punitive action, says Kiyotaka Akasaka.
U.S. Ambassador to Japan Rahm Emanuel after eating fish during his visit to Soma, Fukushima Prefecture, on Thursday
JAPAN / Politics
Aug 31, 2023
U.S. ambassador to Japan visits Fukushima in show of support
Japan has sought an immediate end to the ban and threatened to resolve the matter through the WTO framework.
Foreign Minister Yoshimasa Hayashi, Prime Minister Fumio Kishida and economic security minister Sanae Takaichi attend a Cabinet meeting on Tuesday.
JAPAN / Politics
Aug 29, 2023
Japan hints at complaint to WTO over China's seafood import ban
The two Asian powers have been at odds over the safety of the water being released from the Fukushima No. 1 nuclear power plant.
Japan Times
COMMENTARY / World
May 8, 2023
Are we sleepwalking into a prolonged global recession?
The current wave of interest-rate hikes has slowed inflation but also popped several asset bubbles, potentially triggering additional debt and financial crises.
Japan Times
BUSINESS / Economy
Dec 10, 2022
WTO says Trump’s metals tariffs broke rules as U.S. rejects findings
The 25% tariffs on global steel imports and 10% import taxes on global aluminum violated basic WTO rules, a dispute-settlement panel said.
Japan Times
COMMENTARY / World
Jul 26, 2022
A world in crisis needs both trade and aid
Creating a more sustainable, inclusive and connected future is the moon shot of our times.
Japan Times
COMMENTARY / World
Jun 29, 2022
The death of the WTO has only been delayed
For the organization to recover its relevance, China and the U.S. both need to make more serious compromises.
Japan Times
BUSINESS / ANALYSIS
Jun 3, 2022
WTO seeks fish and vaccine deals as war ignites trade tensions
It is not yet clear if a vaccine compromise forged by India, South Africa, the EU and the United States will transform into a full agreement.
Japan Times
JAPAN
Mar 16, 2022
Japan to revoke Russia's most favored nation trade status
The U.S., EU and U.K. have announced similar moves following a G7 leaders' statement describing actions to deny the preferred trade status to Moscow.
Japan Times
WORLD
Jan 29, 2022
Senior U.S. official to visit Lithuania in show of support over Chinese 'coercion'
U.S. Under Secretary for Economic Growth, Energy and the Environment Jose Fernandez will visit Vilnius and Brussels to discuss efforts to counter economic 'coercion.'

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on