Latest World Trade Organization News

Europeans look to China as global partner, shun Trump's US

Nov. 6, 2019 8:45 PM EST

PARIS (AP) — When France's president wants to carry European concerns to the world stage to find solutions for climate change, trade tensions or Iran's nuclear ambitions, he no longer calls Washington. He flies to Beijing. President Emmanuel Macron's visit to China this week suggests that the United States...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:40 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:20 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Trade body: China can hit US with sanctions worth $3.6 bln

Nov. 1, 2019 1:08 PM EDT

GENEVA (AP) — The World Trade Organization said Friday that China can impose tariffs on up to $3.6 billion worth of U.S. goods over the American government's failure to abide by anti-dumping rules with regard to Chinese products. The move hands China its first such payout at the WTO at a time when it is...

China seeks $2.4 billion in penalties against US at WTO

Oct. 21, 2019 10:49 AM EDT

BERLIN (AP) — China is asking the World Trade Organization for the right to impose $2.4 billion in annual penalties on the United States in a case over Chinese subsidies dating back years. A document published Monday showed China has called for the matter to be considered by the WTO's Dispute Settlement...

AP FACT CHECK: Trump exaggerates scope of cease-fire deal

Oct. 21, 2019 6:07 AM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

AP FACT CHECK: Trump's Syrian mission-accomplished moment

Oct. 19, 2019 10:47 PM EDT

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and delivered a "great day for civilization." It was a mission-accomplished moment that other Republican...

Europe's specialty food makers brace for US tariffs

Oct. 17, 2019 12:25 PM EDT

MILAN (AP) — European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion...

Trump boasts that US would win tariff war with Europe

Oct. 16, 2019 3:10 PM EDT

WASHINGTON (AP) — President Donald Trump voiced confidence Wednesday that the U.S. could not lose a tariff war with the European Union as the U.S. prepares to impose trade sanctions on up to $7.5 billion worth of EU goods. The Trump administration plans to impose punitive tariffs starting Friday following...

WTO body formally OKs US sanctions against EU in Airbus case

Oct. 14, 2019 4:42 AM EDT

GENEVA (AP) — The World Trade Organization has formally given the go-ahead for the United States to impose trade sanctions on up to $7.5 billion worth of European Union goods following a ruling that European plane maker Airbus received illegal subsidies. The move by the trade body's dispute settlement body...