World Trade Organization News
US says WTO losing focus on trade, becoming litigation group
The United States is accusing the World Trade Organization of losing its focus on trade and "becoming a litigation-centered organization."
Brexit secretary says a no-deal Brexit now less likely
The man in charge of Britain's departure from the European Union says the chances the country will leave the 28-nation bloc with no trade deal "dropped dramatically" after the two sides reached a preliminary agreement on divorce terms last week
China logs strong exports, imports, as economy gains steam
China reported strong growth Friday in both exports and imports in November in a reassuring sign for the world's second-biggest economy. Figures posted on the customs department website show exports expanded 12.3 percent to $217.4 billion in November over a year earlier. That's nearly double the
China criticizes US opposition to WTO market economy status
China has criticized U.S. opposition to granting Beijing the status of a market economy in the World Trade Organization as reminiscent of the Cold War
China criticizes US for 'non-market economy' stance
China's government has criticized Washington for announcing it opposes giving Beijing the status of a market economy in the World Trade Organization
NEW YORK (AP) — Wall Street finished November with a broad rally that gave the Dow Jones industrial average its biggest gain since March and pushed it past the 24,000 mark for the first time. Other market indicators also reached milestones on Thursday. The market has been rallying this year
US joins trade fight against China at WTO
The United States is joining a fight against China at the World Trade Organization in a decision likely to ratchet up tensions between Washington and Beijing. The U.S. is supporting the European Union in a dispute over China's status at the WTO, which rules on trade disputes. The United States and
What you need to know about the G-20
On Wednesday, President Donald Trump set off on the second foreign trip of his presidency, during which he will be attending the G-20 summit in Germany. Trump’s attendance at the conference is an opportunity for the new president to work alongside the world’s greatest economic and political powers.
President Trump signs executive orders on trade
President Donald Trump signed two executive orders related to trade on Friday, pledging in a speech from the White House "to defend our industry and create a level playing field for the American worker." The first executive order launches a wide-ranging review of the U.S. trade deficit with the
UK formally triggers 'Brexit' process: what's next?
United Kingdom Prime Minister Theresa May has triggered Article 50, formally starting the process for Britain to leave the European Union -- but what happens next? Here’s what you need to know. What is Article 50? Article 50 of the Lisbon Treaty allows any EU country to leave the EU and outlines