WTO

World Trade Organization Warns of Protectionism's Risks for Poor Nations

7 months ago

The World Trade Organization (WTO) in its recent report expressed growing concern about global protectionism and its potential impact on widening the gap between rich and poor countries. The organization warns nations against adopting policies aimed at restricting international trade, which could lead to deeper inequalities in the world economy.

China Files WTO Complaint Over Canada's EV and Metal Tariffs

7 months ago

The Chinese government has officially lodged a complaint with the World Trade Organization (WTO) regarding tariffs imposed by Canada on the import of electric vehicles and certain metals. This action comes in response to Canada's growing concerns about the security of rare earth metal supplies, which play a crucial role in electronics and clean energy production.

Global Goods Trade Recovery Extends into Third Quarter, WTO Says

7 months ago

According to the World Trade Organization (WTO), the recovery of global goods trade is gaining momentum as it enters the third quarter of 2024. Trade analysis indicates that global trading volumes are showing sustainable growth, suggesting optimistic forecasts for the entire economy.