The Donald Trump administration filed another salvo at the World Trade Organization on Friday, saying US trade policy was not going to be dictated by the international body and defended its use of tariffs to pressure China and other trade partners.
Iran is known worldwide for its hospitality, observed UN World Tourism Organization secretary general noting that in the field of tourism, hospitality is more important than culture, traditions and architecture.
The massive growth in the US trade deficit with China that came after Beijing joined the World Trade Organization (WTO) in 2001 has cost an estimated 3.4 million American jobs, according to a new report.
European Commission President Jean-Claude Juncker called on Asian leaders on Friday to support multilateral institutions like the United Nations and the World Trade Organization as the best way to deal with global challenges.
Roberto Azevêdo, the head of the World Trade Organization, called on defenders of the multilateral trading system to “raise their voices” to help it survive as it faced pressure from protectionist governments and growing public skepticism of the benefits of global trade.
The diplomatic row between Qatar and Saudi Arabia found its way to the World Trade Organization (WTO) after Doha announced that it had started proceedings against Riyadh over alleged intellectual property rights violations.
Switzerland’s Ministry of the Economy has filed a formal complaint against US tariffs imposed on aluminum and steel at the World Trade Organization (WTO), becoming the eighth member of the body to file such an objection.