WTO news
The World Trade Organization (WTO) is an international organization regulating the rules of trade between nations. It was established in 1995, replacing the General Agreement on Tariffs and Trade (GATT.) It consists of 164 members.
- WTO cuts global trade forecast to lowest in decade amid China-US tariff war
The ongoing trade war between the world’s two biggest economies has led WTO economists to have a gloomier growth outlook for global trade this and next year, downgrading previous expectations.Oct 1, 2019 12:32Business News - China lodges tariff complaint against US with World Trade OrganizationThe Chinese Commerce Ministry said on Monday that it has launched a case against the United States with the World Trade Organization (WTO) over US import duties.Sep 2, 2019 14:53Business News
- Russia says WTO would likely cease to exist if United States quits trade bodyThe US withdrawal from the World Trade Organization (WTO) could lead to the extinction of the regulating body, the Kremlin said following US President Donald Trump’s warning that Washington may leave the organization.Aug 15, 2019 07:58Business News
- Trump blasts China & India for ‘taking advantage’ of WTO’s developing nations tagUS President Donald Trump has questioned China and India’s developing country status, saying they are “taking advantage” of lenient treatment granted to them under global trade rules.Aug 14, 2019 13:28Business News
- World Trade Organization allows China to sanction US over Obama-era tariffsAn appeals court judge at the World Trade Organization (WTO) says the United States did not fully comply with its ruling and could face Chinese sanctions if it does not remove certain tariffs that break WTO rules.Jul 17, 2019 09:52Business News
- China & South Africa to back India’s WTO proposal for protecting developing nations confronted by USIndia’s proposal to safeguard the right of special provisions for emerging economies that have been challenged by Washington will be supported by Chinese and South African authorities, according to the Economic Times.May 13, 2019 10:59Business News
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