“Will the WTO Survive 2020?” By Daniel Gros, courtesy of CEPS The World Trade Organisation (WTO) did not die on December 11, 2019, but an important part is now missing: disputes among WTO member states can no longer be settled by an independent instance recognised by all parties. This was the function of […]
Tag: WTO
Big players will be sorry they let WTO lapse
“WTO at 25: What has It Ever Done for Us? Welfare Effects of the WTO” Courtesy of IFW Kiel January 1, 2020 marks the 25th anniversary of the founding of the World Trade Organization. Whether it is looking forward to a rosy future is however uncertain. Their largest members, the US and China […]
The WTO is dead – should we revive it?
“The WTO is dead: long live the WTO?” By Maria Demertzis, courtesy of the Bruegel Institute The World Trade Organisation (WTO) is pivotal in enabling and protecting trade between countries. The recent US failure to appoint a judge at the WTO’s appellate court has meant that it will no longer be able to […]
Trade deal will make it (even) harder for China to liberalize
“Trump’s ‘Phase 1’ Deal with China Promotes US Exports in the Wrong Way” By Daniel Griswold, courtesy of the Mercatus Center A novel feature of the Trump administration’s “Phase 1” trade deal with China announced last Friday is that it would require China to increase its purchase of US goods and services by […]
WTO disputes can be resolved faster, please
“Trade Justice Delayed Is Trade Justice Denied: How to Make WTO Dispute Settlement Faster and More Effective” By James Bacchus and Simon Lester, courtesy of the Cato Institute International law is not known for being quick or effective. Cases can drag on for years, have limited legal force, and are infamous for noncompliance. Until […]
U.S.-Japan trade deal is all about propping up American farmers
“Implications of the Japan – United States Mini Trade Agreement” By Sybrand Brekelmans and Uri Dadush, courtesy of the Bruegel Institute On 25th of September, President Trump and Prime Minister Abe concluded a partial trade-agreement whose main provisions are to reduce Japan’s tariffs on […]
Will the U.S. and Brazil finally play nice on trade?
After decades of micturating in each other’s breakfast cereal (figuratively, regarding trade issues) the United States and Brazil are finally moving to negotiate a free-trade agreement – and that’s good news for more than one reason. In a new op-ed for The Hill, Christine […]