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.
After more than 20 years of consternation, negotiation, conciliation and disappointment, the U.S. and European Union are now set to begin another round of talks on allowing the EU’s 28 nations to buy more U.S. beef.
A crisis is looming for the World Trade Organization’s dispute resolution system as the Trump administration presses the international body to reform its ways and the U.S. ag sector could be a casualty in the coming showdown.