China has reneged on past promises it has made to the US. With the deadline for a deal fast approaching, the solution may lie in learning from a global organization the president hates: the WTO.
The president again threatened to drop out of the World Trade Organization if it doesn’t ‘shape up.’ But a careful review of case filings show the US isn’t treated any differently than its other members.
An imminent court ruling by the European Union will decide the future of the economic partnership between Canada and the EU. It has broader implications for multilateralism in international trade.
Stephen J. Silvia, American University School of International Service
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
International trade policy requires three traits to be successful and lead to mutual prosperity. Trump’s is missing all three, as he showed at the G-7 summit.
The Trump administration recently imposed tariffs of up to 25 percent on foreign steel and aluminum – including from the EU, Canada and Mexico, the three biggest markets for American goods.
Some experts argue globalization has been bad for the environment. But moving away from globalization could have other consequences that could be even more devastating for the environment.
The $60 billion in tariffs targeting China not only risks sparking a trade war, they represent a rejection of the WTO’s much more effective way of dealing with unfair trade practices.
Even though Australia sides with the US on more areas of policy, it should be careful about being dragged into the back-and-forth of sanctions between the US and China.
While the tariffs are unlikely to stem Chinese intellectual property theft or reverse the steep trade deficit, they are certain to hurt American companies and consumers.
The World Trade Organisation (WTO) has reportedly backed Australia’s laws on plain tobacco packaging implemented from December 2012. The apparent decision marks the end of the last of three cases brought…
The Japanese attack on a US naval base on Dec. 7, 1941 set in motion a series of events that transformed the United States into a global superpower. Will Donald Trump bring that era to an end?
China’s goods are everywhere, thanks to the gains China has made from trade and foreign investment. Now that China wants to return the favor, the US may risk losing out if it chooses to turn inward.