Trump believes the Geneva-based WTO treats the U.S. with disrespect.
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.
Tariffs, border controls and other barriers would kick in and prove costly for both businesses and consumers.
The Trump administration is rapidly breaking down the World Trade Organisation.
The United States is blocking new judges to the body that interprets and enforces global trade rules. Australia should start preparing for the end of the World Trade Organisation system.
Trump and Merkel: Friends, foes or frenemies?
AP Photo/Pablo Martinez Monsivais
The president, who called the European Union a 'foe' following a series of meetings in Europe, may not realize just how much Americans have gained from their relationship with Europe.
Trump against the world?
Jesco Denzel/German Federal Government via AP
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.
Don’t forget your friends.
AP Photo/Evan Vucci
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.
South African President Cyril Ramaphosa and his team meeting international investors and business leaders in London.
GCIS/ Elmond Jiyane
South Africa's relations with the US could sour under President Trump.
The White House frets about how the U.S. imports more stuff than it exports.
AP Photo/Ben Margot
The administration embraces mercantilism, an ideology with few adherents.
Bill Shorten announced this week that a Labor government would triple penalties for dumping cheap overseas products in the Australian market.
Bill Shorten has proposed tripling penalties for dumping cheap overseas products like steel into the Australian market. But this proposal suggests a failure to understand dumping and its regulation.
Trump may have launched first salvo in a trade war.
AP Photo/Ng Han Guan
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.
Trade disputes are often as much about rhetoric as about reality.
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.
Business such as California winemakers could be hurt by the new tariffs as a result of retaliation.
AP Photo/Mark Schiefelbein
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.
Canadian Foreign Affairs Minister Chrystia Freeland with U.S. Trade Representative Robert Lighthizer, right, and Mexico’s Secretary of Economy Ildefonso Guajardo Villarrea, deliver statements to the media during the sixth round of negotiations for a new North American Free Trade Agreement in Montreal in January 2018.
THE CANADIAN PRESS/Graham Hughes
Donald Trump has described NAFTA as the worst trade deal ever signed by the United States. As NAFTA talks continue, here's what Canada and Mexico can do if the unthinkable happens.
Trump has promised to put ‘America first’ to make it great again.
The movement against globalisation has shifted from developing to developed countries.
Sights like this Brooklyn rooftop covered with solar panels with a view of the Manhattan skyline have become more commonplace amid a U.S. renewable energy industry boom.
AP Photo/Mark Lennihan
Slapping duties on imported panels is unwise.
19th Century Fox.
The two things UK must do to survive Brexit.
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
Indonesian workers hold placards during an anti-WTO rally at a main roundabout in Jakarta.
A trade dispute between Australia and Indonesia shines a spotlight on Australia's controversial 'anti-dumping' practices at the World Trade Organisation.
Many have compared the UK's repeal of the Corn Laws in 1846 with leaving the European Union.
A worker at an auto parts plant in Orion Township, Michigan, lifts coiled steel into place.
AP Photo/Paul Sancya
The president has promised to put a stop to foreign companies 'dumping' steel on US markets. Former President Bush tried the same thing, and here's what happened.