News and analysis on trade policy in Europe
Friday, April 25, 2025
A new fault line is emerging in the crisis of the World Trade Organizations’ dispute settlement system. The European Union, which tabled proposals aimed at strengthening the Appellate Body’s independence – and won over China and India over to its ideas last year – is now facing a coalition of …
Two alpha-males met in Washington yesterday and displayed their mastery of the Art of the Deal. But it’s worth looking at at the fine print of the Brazil-United States understanding reached last night.
This week more than half the World Trade Organization’s membership formally kick-started negotiations towards a ‘plurilateral’ agreement on e-commerce.
Four dozen World Trade Organization members including the EU, China and the US will kick off negotiations on digital trade in March in a move designed to reinvigorate the beleaguered trade body. Meanwhile, a group of ‘like-minded’ members led by Canada warned that risks to the multilateral trading system – …
Globalisation and robotics will eventually improve the world, but they are creating competition for services jobs that is coming quickly and in ways that will seem very unfair, Richard Baldwin tells Borderlex. Workers and governments must prepare for the advance of ‘globotics’.
Venezuela struck back this week against US sanctions targeting the government of President Nicolás Maduro, filing a World Trade Organization complaint that accuses Washington of imposing “coercive trade-restrictive measures on the Bolivarian Republic of Venezuela in the context of attempts to isolate Venezuela economically”. The dispute is the latest touching …
The US and a dozen other World Trade Organization members have finally agreed about something concerning the Appellate Body: the WTO’s highest court has no authority to issue rulings that set a binding precedent. This issue is a non-issue in the eyes of WTO members including the EU, Canada, Japan …
Formal EU proposals to reform the World Trade Organization don’t go far enough in pulling in the reins of Appellate Body judges, the US ambassador to the WTO said this week. The appellate function will continue for now on the basis of a rotation system.
China has joined a host of other World Trade Organization members in calling for WTO reforms and is actively working on its own proposal on how to tackle problems at the Geneva-based trade body. But with many Chinese policies in the crosshairs of a joint reform proposal by the EU, …
It comes as little surprise that the World Trade Organization expects global merchandise trade to continue decelerating in the coming months – but it’s bad news, nonetheless. Mounting trade tensions, tighter credit conditions in key markets and waning business confidence have caused export orders to fall, the WTO said in …
