Joseph Barloon, who was a general counsel at the Office of the U.S. Trade Representative during Donald Trump's first term, told Sen. Maria Cantwell, D-Wash., that he believes in rules-based trade.
Nicaragua formally accepted the World Trade Organization Agreement on Fisheries Subsidies on June 2, bringing the number of countries that have accepted the deal to 101. The WTO needs 10 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.
Malawi formally accepted the World Trade Organization Agreement on Fisheries Subsidies on May 28, bringing the number of countries that have accepted the deal to 100. The WTO needs 11 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.
The World Trade Organization released the agenda for the June 5 meeting of the Dispute Settlement Body. The meeting is held to exclusively consider Canada's request for a dispute panel in its case against Chinese import duties on certain agricultural and fishery products from Canada.
World Trade Organization members on May 27 elected chairpersons for the 14 subsidiary bodies under the Council for Trade in Goods, the WTO announced. They are:
The World Trade Organization's Dispute Settlement Body on May 23 heard China's first request to establish a dispute panel on Canada's surtax on Chinese products, including electric vehicles and steel and aluminum products, the WTO said. Canada said it's not ready to accept the panel at this time, punting the issue to the next DSB meeting, which is scheduled for June 23.
Lesotho formally accepted the World Trade Organization Agreement on Fisheries Subsidies on May 20, bringing the number of countries that have accepted the deal to 99. The WTO needs 12 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.
Russia opened a World Trade Organization dispute on May 19 against the EU's carbon border adjustment mechanism, arguing that the mechanism violates various provisions of the General Agreement on Tariffs and Trade 1994. Russia's request for consultations also covered the EU's scheme for greenhouse gas emissions allowances trading within the EU.
Georgia formally accepted the World Trade Organization Agreement on Fisheries Subsidies on May 19, bringing the number of countries that have accepted the deal to 98. The WTO needs 13 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.
Egypt opened a safeguard investigation on hot-rolled flat steel on April 22, the country told the World Trade Organization. Egypt's Ministry of Investment and Foreign Trade said interested parties should make themselves known within 30 days of April 22.