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World Trade Organization – XtremeCuztoms

Category: World Trade Organization

Protesters Support Apple Hunger Striker

Beijing is hitting back at Washington’s sweeping sanctions by bringing a dispute against the United States to the World Trade Organization. A hunger strike at Apple’s headquarters in Cupertino is protesting the tech company’s AirDrop restrictions in China. Alabama and Utah are joining a growing list of states going after TikTok. As of now, nine…


US ‘Strongly’ Rejects WTO Ruling on Trump Tariffs

The White House is rejecting a World Trade Organization ruling and vowing to keep a set of Trump-era tariffs in place. The Biden administration is on the defense after giving $200 million to a company with ties to Beijing. Celebrations kicked off for International Human Rights Day. Groups marked the occasion with protests in Chicago…


Taiwan Threatens WTO Action After China Stops Grouper Fish Imports

TAIPEI—Taiwan’s government threatened to take Beijing to the World Trade Organization on Saturday after China suspended the import of grouper fish from the island saying it had detected banned chemicals, the latest agricultural spat between the two. Last year China suspended imports of pineapples, sugar apples, and wax apples from Taiwan, citing concerns about pests,…


WTO Chief Warns Against Retreat From Global Trade

WASHINGTON—Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases, the head of the World Trade Organization said on Wednesday. WTO Director General Ngozi Okonjo-Iweala told an event hosted by the National Foreign Trade Council that economists…


Capitol Report (March 8): Russia Underestimates Ukraine’s Fight

With gas prices breaking all-time record highs, President Joe Biden is announcing new sanctions on Russia. But how will the administration respond to the rising gas prices? Lawmakers from both parties support this Russian oil ban. We take a look at Congress’s latest action on Russia, including rethinking Russia’s access to the World Trade Organization….


WTO Postpones Key Meeting Over New COVID-19 Variant

The World Trade Organization (WTO) said on Nov. 26 that it was calling off a key upcoming ministerial meeting in Geneva, Switzerland, citing disruption to international travel sparked by the emergence of a new COVID-19 variant that the WTO described as “particularly transmissible.” The WTO’s 12th Ministerial Conference (MC12) was scheduled to kick off on…


Clyde Prestowitz: How Communist China Entrapped America’s Elite, from Washington to Wall Street

Nearly 20 years after China was admitted to the World Trade Organization, China has not become more democratic or free. And Western capital has ultimately only strengthened China’s communist regime. “We were fooling ourselves,” says Clyde Prestowitz. Prestowitz was a leader in the first U.S. trade mission to China in 1982, and he’s served as…


France Sees Talks With Russia as Best Way to Resolve Champagne Row: Minister

EPERNAY, France—France sees continuing negotiations with Russia as the best way to resolve a dispute over champagne, French Trade Minister Franck Riester said on Friday. Russia has adopted legislation which will require French producers to attach a label to the back of their bottles sold in Russia with the description “sparkling wine.” By contrast, domestic…


Taiwan Tells US It Hopes to Sign Free Trade Deal

TAIPEI—Taiwan’s chief trade negotiator John Deng said on Wednesday he told the United States he hopes the two can sign a free trade agreement, a deal which would be a strong show of U.S. support in the face of relentless Chinese pressure against the island. Both sides held the long-delayed talks on the Trade and…


China Launches Flurry of WTO Actions Against Australia

China has launched three simultaneous WTO actions against Australia, arguing that tariffs implemented on Chinese railway wheels, wind towers, and stainless-steel sinks were excessive. The move has been described as “petty” by the Australian finance minister and follows World Trade Organisation (WTO) actions by the federal government against Chinese tariffs slapped on wine and barley…