A World Trade Organization panel ruled Tuesday that the U.S. broke its international commitments by circumventing the WTO dispute system and hitting China in 2018 with tariffs on $234 billion worth of its goods.
The Trump administration is handing out so much money to farmers that the United States will blow through its spending limit under World Trade Organization rules for 2019 and likely 2020, potentially exposing U.S. farm programs to legal challenges, according to a new analysis.
The U.S. and China are set to go head to head at the World Trade Organization in Geneva next week in a brewing battle over Chinese wheat and rice subsidies, and neither side is showing any sign of backing down.
The Trump administration has laid out a lengthy list of its complaints and demands for changes in the World Trade Organization’s appellate body five months ahead of the WTO’s twelfth ministerial meeting that will be held in Kazakhstan.
The WTO’s appellate body — key to resolving disputes among its 164 member nations — ceased to function about a month ago, indefinitely putting key cases on hold that the U.S. ag sector would like to see settled.
Democrats and Republicans on the House Ways and Means Committee united Tuesday to support the Trump administration’s efforts to force reform at the World Trade Organization by neutering its appellate court.
The World Trade Organization today sided with the U.S. in its complaint that China has not lived up to pledges it made nearly twenty years ago to buy billions of dollars of wheat, rice and corn through tariff rate quotas.