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Global trade News

Op-Ed: US won’t renegotiate China trade deal — A risk in progress

Washington - The Trump administration has categorically refused to renegotiate trade terms with China. This is at best an “interesting” move when the United States is so vulnerable but has built-in problems of its own.

World Bank warns Trump tariffs could bring us back to 2008

A ramp-up in the pace and scope of tariffs could set the world back to 2008 in terms of global trade levels, the World Bank has warned.

Climate-related flooding can disrupt global trade chains

Intensifying river floods caused by global warming may hamper national economies worldwide, with effects propagating through global trade and supply networks, a new study says.

Op-Ed: Cometh the Deluge — China hits back with trade tariffs

Sydney - In the most predictable move in modern economic history, China has retaliated with tariffs on 128 American imports, notably food products. This is the least rational trade war since the Depression, which was also caused by tariffs.

An expanding army of insects is eating away at U.S. forests

Insects, both native and those brought into the country, are draining the life out of the nation's forests. Global trade, a warming climate, and drought-damaged trees have helped insects to become one of the greatest threats to biodiversity in the U.S.

WTO countries reach historic deal to ease trade barriers

Bali - At a meeting in Bali, Indonesia, ministers from 159 member countries of the World Trade Organization (WTO) reached a deal that will make it easier to move goods around the world and streamlines customs procedures.

Op-Ed: Seven years later, WTO Doha trade talks, aka Do Ha Ha, show signs of life?

Against a background of protectionism and political grandstanding, the Doha trade talks haven’t really been expected to achieve much. What’s coming as a surprise is how little they’ve actually achieved, in seven years.

Op/Ed: 'Hide a dagger in a smile'- China’s new foreign investment guidelines

China has rewritten the rules on foreign investment in less than six months. In that time, “anti monopoly” legislation, which includes a lot of discretionary power regarding allowing foreign investment, has been passed.

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