Japan, U.S., EU propose new WTO subsidy rules

Business Jan 15, 2020

Japan, U.S., EU propose new WTO subsidy rules

Japan, the United States and the European Union on Tuesday proposed expanding a ban on market-distorting subsidies under World Trade Organization rules, a measure apparently targeted at China. The three economies hope to win support for the proposal from a wide range of WTO members ...

Japanese and U.S. trade chiefs discuss WTO reform

Business Jan 14, 2020

Japanese and U.S. trade chiefs discuss WTO reform

Trade minister Hiroshi Kajiyama and U.S. Trade Representative Robert Lighthizer exchanged views Monday on reforming the World Trade Organization, which has become largely dysfunctional due to a shortage of members in its appellate body. Meeting in Washington, the Japanese and U.S. trade chiefs also confirmed ...

France and U.S. set two-week target for digital tax deal

Business Jan 8, 2020

France and U.S. set two-week target for digital tax deal

Paris and Washington have set a two-week deadline to end a row over a French proposal to tax multinational tech giants, French Finance Minister Bruno Le Maire said Tuesday. President Donald Trump last month unveiled sky-high retaliatory duties on $2.4 billion of French products from ...

Ex-USTR official Wendy Cutler calls on Japan to lead WTO reform

Business Dec 28, 2019

Ex-USTR official Wendy Cutler calls on Japan to lead WTO reform

Wendy Cutler, who served as the acting deputy U.S. trade representative under President Barack Obama, called on Japan to lead the reform of the World Trade Organization in a recent interview. Cutler, currently vice president of the Asia Society Policy Institute, said the United States ...

U.S. seals demise of WTO appeals bench, trade officials say

Business Dec 10, 2019

U.S. seals demise of WTO appeals bench, trade officials say

The fate of the World Trade Organization's top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. The Trump administration ...

China to resume imports of Canadian beef and pork, says Trudeau

Business Nov 6, 2019

China to resume imports of Canadian beef and pork, says Trudeau

China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. "Good news for Canadian farmers today: Canadian pork and beef exports to China ...

South Korea and Japan to hold talks over trade dispute on Friday

Business Oct 10, 2019

South Korea and Japan to hold talks over trade dispute on Friday

Trade officials from South Korea and Japan will hold bilateral consultations in Geneva on Friday, following a complaint filed by Seoul with the World Trade Organization last month over Tokyo's tightening of export controls, trade ministries of the two countries said Thursday. The talks are ...