The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):
The government of Canada recently issued the following trade-related notices as of Dec. 19 (some may also be given separate headlines):
The World Trade Organization agreed to form a panel on whether Russian retaliation for U.S. steel and aluminum tariffs is illegal, at the Dec. 18 meeting of the Dispute Settlement Body. A Russian official said its delegation was bewildered to hear the U.S. say that Russia is undermining WTO rules "when it is the U.S. arbitrarily imposing additional duties on steel and aluminium and using them as a squeezer in order to allow the US, with different degrees of success, to get trade concessions from certain members," a summary of the meeting said. According to a Geneva trade official, there now have been five panels formed on retaliatory tariffs responding to the Section 232 tariffs. At the same meeting, the U.S. blocked a first request by China to form a panel to judge whether U.S. tariffs on Chinese goods under Section 301 are legal. Its delegation said that the two parties are in negotiations, and that's the right place to settle the conflict, not the WTO. The panel will automatically be authorized at next month's Dispute Settlement Body meeting. China said U.S. tariffs are damaging the global economy and damaging global industrial supply chains.
The World Customs Organization issued the following releases on commercial trade and related matters:
The government of Canada recently issued the following trade-related notices as of Dec. 17 (some may also be given separate headlines):
A routine biennial review of U.S. trade policy included sharp criticisms from longtime allies, as 19 countries took the floor at the World Trade Organization, with another 35 expected to do so before the two-day review was finished. The U.S. ambassador to the WTO, Dennis Shea, said the organization is not well equipped to handle the fundamental challenge posed by China, which continues to embrace a state-led, mercantilist approach to the economy and trade. Anticipating criticisms over America's refusal to allow any appointments to the appellate body, he said: "In our assessment, members are in the early stages of grappling with our collective failure to confront problems that have been growing for years."
The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):
The government of Canada recently issued the following trade-related notices as of Dec. 14 (some may also be given separate headlines):
After 10 years of argument at the World Trade Organization, the U.S. dolphin-safe tuna labeling requirements are deemed to be justified for legitimate conservation goals, and not discriminatory toward Mexican fishing fleets. The appellate body report, issued Dec. 14, puts to rest Mexico's arguments that the measures were unnecessary and were discriminatory. At issue is the fact that in the part of the Pacific Ocean where Mexico catches tuna, boats commonly drag a dolphin in a net, because that attracts schools of tuna. Environmentalists say that puts stress on the dolphins. In order to qualify for dolphin-safe labeling, both a captain and an independent observer must certify this dolphin-as-bait method was not used.
The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):