Who will blink first?
Trump's embrace of bilateralism in trade relations has pernicious long-term consequences, including ratcheting up the odds of violent conflict.
The WTO’s home in Geneva.
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
Australia’s Harvester Judgement of 1907 defined a living wage as ‘fair and reasonable’ payment sufficient for an unskilled worker to support a family in reasonable comfort.
As debate begins over what living wages mean for Australian workers, it is a good time to consider a global living wage.
The U.S. and China have ‘trust’ issues.
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.
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.
Activists stage a demonstration against the so-called CETA trade deal outside the European Parliament in Strasbourg, France, in February 2017.
(AP Photo/Jean-Francois Badias)Special Instruction
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.
Trump has long talked about halting U.S. participation in the WTO.
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.
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.
While some argue globalization has been bad for the environment, the move towards deglobalization could spell serious trouble for climate. This photo from 2014 shows smoke streams from the chimneys of a coal-fired power station in Germany.
(AP Photo/Martin Meissner, File)
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.
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.
US President Donald Trump signed an executive order withdrawing his country from the TPP within days of reaching office.
The TPP should still bring enough benefits for the remaining countries to make it worthwhile to go through the trouble of enacting it.
Former Attorney-General Nicola Roxon backed Australia’s plain tobacco packaging legislation at the time of its 2012 challenge in the High Court. The latest World Trade Organisation dispute is the third major challenge on legal or trade grounds.
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…
Just a sample of the $1.2 trillion of goods traded every month.
A new WTO trade deal is expected to provide up to $1 trillion in economic gains by eliminating bureaucracy. But that's not its most important benefit.
cdrin / Shutterstock.com
The largest economy on the planet is quickly moving to a protectionist stance in its international trade.
People carry photos of soldiers who died during the attack on Pearl Harbor.
AP Photo/Andres Kudacki
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?
A glimpse of China’s ‘export machine’ at Ningbo port in Zhejiang province.
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.