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Beyond Brussels: Just why hasn’t the US tabled its own proposals on WTO reform?

Washington’s insistence that the World Trade Organization must be modernised before it gets behind proposals to fill Appellate Body vacancies begs the question: Why hasn’t the US come up with its own proposals to reform the Geneva-based trade body? The Trump administration said in its February Trade Policy Agenda that …

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Beyond Brussels: Revised KORUS is hardly the ‘very big deal’ Trump claims it is

Donald Trump signed his first major trade deal on Monday, an update to the US pact with Korea that the president called a “very big deal” that is “very, very good for American farmers”. More sober assessments are that the revisions to the Korea-US Free Trade Agreement are modest and …

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Beyond Brussels: G20 eyes bland trade consensus as US, China seek reset

Trade ministers from the world’s top 20 economies will gather today in the coastal Argentine town of Mar del Plata to discuss issues such as e-commerce and inclusive global value chains in the agricultural sector. But there can be little doubt that the $500 billion firestorm brewing between the US …

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Beyond Brussels: US WTO complaints against Section 232 retaliation – the arguments

The Trump administration’s trade complaints against import duties applied by Canada, China, the EU, Mexico and Turkey on US goods are short and sweet – and almost identical. Washington argues that the measures are discriminatory and, except in the case of Mexico, they exceed permitted duty rates. The US lodged …

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Beyond Brussels: As WTO sounds the alarm about protectionism, new US and Chinese tariffs kick in

US tariffs on Chinese goods kicked in today. So did Chinese duties on US products. Chalk up at least another two trade restrictions that will be added to the World Trade Organization’s next semi-annual listing of barriers erected by Group of 20 economies.   Earlier this week, the WTO issued …