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US holds off on extra tariffs in EU Airbus dispute

Washington - Washington said Wednesday it would hold off on its threat to impose higher tariffs on $7.5 billion worth of EU goods in its long-running dispute over subsidies to European aircraft maker Airbus.

Deadlocked WTO fails to agree on appointing interim head

Geneva - The beleaguered World Trade Organization said its members failed to agree Friday on appointing one of the four deputy directors-general as an interim chief -- underlining the deadlock in the institution.

EU calls on US to lift tariffs in plane dispute

Paris - The EU called Friday on the United States to lift tariffs imposed in a long-running dispute over aircraft subsidies after Airbus said it had brought itself into compliance with World Trade Organization rulings.

WTO leadership rivals pitch path out of 'existential crisis'

Geneva - The World Trade Organization is stuck in a serious, even existential crisis, leadership candidates said Wednesday as the first wave of contenders made their pitches for the post.

WTO to open nominations for next director on June 8

Geneva - Candidates to succeed Roberto Azevedo as head of the WTO will have one month from June 8 to submit their nominations, the global trade body said following the Brazilian's surprise resignation.

WTO chief to step down early as global economic crisis rages

Geneva - The World Trade Organization chief announced Thursday he will step down on August 31, a year before his term ends, despite the COVID-19 pandemic ravaging the global economy.

Global trade will plunge by up to a third in 2020: WTO

Geneva - Global trade could plummet by a third this year due to the coronavirus pandemic, the World Trade Organization said Wednesday, warning the deepest recession "of our lifetimes" could be on the horizon.

Global trade will plunge by up to a third in 2020 amid pandemic: WTO

Geneva - Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said Wednesday, warning that the numbers would be "ugly".

US, Japan, EU seek new global rules limiting subsidies

Washington - Washington, Tokyo and Brussels on Tuesday joined forces in calling for stronger global rules against government subsidies that distort trade, a practice China has long been accused of exploiting.

WTO chief details bid to save appeals panel

Geneva - The head of the World Trade Organization said Tuesday that he intends to put new issues "on the table" in negotiations to save the body's appeals court, which shuts down at midnight.

EU girds for trade riposte after US ups ante on tariffs

Paris - European nations scrambled Thursday to prepare a response to new US tariffs on billions of dollars' worth of EU goods after Washington got the go-ahead from the World Trade Organization to strike back over state subsidies for planemaker Airbus.

WTO approves US tariffs worth $7.5 bn on EU goods in Airbus retaliation

Geneva - The World Trade Organization on Wednesday gave Washington the green light to slap annual tariffs on $7.5 billion (6.8 billion euros) worth of EU goods in retaliation for the bloc's illegal support of Airbus.

China lodges WTO trade complaint against US: govt

Bejing - China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force.

China lodges WTO trade complaint against US: govt

Bejing - China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars of Chinese goods came into force.

US 'pressure' tactic on WTO will fail: China state media

Bejing - A US threat to pull recognition of China's "developing nation" status at the World Trade Organisation is a pressure tactic ahead of this week's trade talks and is bound to fail, a commentary in state media said Monday.

Trump threatens not to recognize China's special status at WTO

Washington - President Donald Trump on Friday threatened to withdraw recognition of the special "developing nation" status of China and other relatively rich countries at the World Trade Organization unless changes are made to the body's rules.

Japan slams WTO ruling on S. Korea Fukushima food row

Apo - Japan Friday attacked an "extremely regrettable" ruling by the World Trade Organization that upheld a ban by South Korea on some seafood from Fukushima imposed after the 2011 nuclear disaster.

US, China within 'weeks' of concluding trade talks; deal not assured: official

Washington - Washington's top trade official on Tuesday said the United States and China are likely to conclude their trade negotiations within "weeks" -- but a successful outcome is not assured.

WTO talks launch in rare win for global order

Davos - Ministers from 75 countries -- including the US and China -- agreed Friday to launch talks towards establishing global rules on e-commerce at the WTO in a rare victory for international cooperation.

Venezuela launches WTO legal challenge against US sanctions

Geneva - Venezuela launched a legal challenge at the World Trade Organization Tuesday against a raft of US sanctions, even as Washington announced new measures targeting the crisis-hit country.

US and China spar at WTO policy forum

Geneva - The US and China renewed hostilities at the World Trade Organization on Wednesday, with Washington accusing Beijing of expecting impunity despite countless violations.

WTO chief warns of economic danger of trade war

Washington - All countries will lose in a global trade war, the head of the world's trade referee warned in a speech on Wednesday.

WTO to rule in more spats over US tariffs

Geneva - The World Trade Organization agreed Tuesday to hear complaints from Switzerland and India over US steel and aluminium tariffs, bringing the total number of such complaints it is reviewing to nine.

Soaring trade restrictions spark 'serious concern': WTO

Geneva - The world's biggest economies slapped import restrictions on nearly half a trillion dollars' worth of trade over the past six months, the World Trade Organization said Thursday, voicing "serious concern".

Trade ministers meet to discuss WTO overhaul

Ottawa - Thirteen trade ministers representing all regions of the world met in Ottawa on Thursday to come up with proposed reforms to the troubled global trading system.

Global trade wars risk 'millions of jobs': WTO chief

London - Escalating trade wars "pose real risks" to the global economy, potentially threatening millions of jobs, head of the World Trade Organization (WTO) Roberto Azevedo warned in a London speech on Wednesday.

Damage from tariffs not felt yet but 'will come': WTO chief

Geneva - Major consequences of the tit-for-tat tariffs being levied by top economies are not evident yet "but they will come" and will wreak havoc across the global economy, the World Trade Organization chief warned Wednesday.

WTO chief warns against escalation of trade tensions

Berlin - World Trade Organization chief Roberto Azevedo warned Monday against a damaging "escalation" of trade tensions between the United States and other major economies, following a divisive G7 summit.

Mexico to file WTO complaint over US tariffs: ministry

Mexico - Mexico said on Monday it will file a complaint with the World Trade Organization over US tariffs on its steel and aluminum.

Mexico to file WTO complaint over US tariffs: ministry

Mexico - Mexico said on Monday it will file a complaint with the World Trade Organization over US tariffs on its steel and aluminum.
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The ninth World Trade Organization  (WTO) Ministerial Conference in Nusa Dua  on the Indonesian reso...
The ninth World Trade Organization (WTO) Ministerial Conference in Nusa Dua, on the Indonesian resort island of Bali
With permission by Reuters / Edgar Su
The World Trade Organization (WTO) is the only global international organization dealing with the ru...
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
WTO
Catherine Ashton speaking at the Seventh Session of the WTO Ministerial Conference in Geneva  Switze...
Catherine Ashton speaking at the Seventh Session of the WTO Ministerial Conference in Geneva, Switzerland
World Trade Organization
Director-General Roberto Azevedo gives a thumbs-up as he greets delegates after the closing ceremony...
Director-General Roberto Azevedo gives a thumbs-up as he greets delegates after the closing ceremony of the ninth World Trade Organization (WTO) Ministerial Conference in Nusa Dua, Bali
With permission by Reuters / Edgar Su

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