World Trade Organization
China Cuts Tariffs on Technology Products to Give Fillip to Industrial Innovation
| Rina S. | | Sep 20, 2016 01:14 PM EDT |
China has announced that it is cutting tariffs on a wide range of technology products. The cuts are likely to give a push to industrial innovation in the country.
Donald Trump Accuses Hillary Clinton of Accepting Money From China, Says Country Made Democratic Candidate Rich
| Kat De Guzman | | Jun 23, 2016 12:56 AM EDT |
Donald Trump gave a speech on Wednesday, attacking Democratic presidential candidate Hillary Clinton and accusing her of helping China in exchange for money, adding that the country has made the former Secretary of State rich.
EU Stands to Lose 10 Million Jobs if China Gains Equal Status in WTO: ECC
| Carlos Castillo | | Feb 23, 2016 06:18 AM EST |
The European Chamber of Commerce (ECC) in Beijing said on Monday that the European Union (EU) is unlikely to lift trade barriers against China this year as fears of losing as many as 10 million jobs across Europe are blocking efforts to grant the country market economy status (MES) in the World Trade Organization (WTO).
Customs Authorities Confiscate 120,000 Counterfeit Face Masks in China
| Ma. Danilyn Miravalles | | Dec 11, 2015 11:48 AM EST |
Customs authorities in Shanghai on Wednesday confiscated about 120,000 respiratory mask bearing the brand of US diversified manufacturer 3M Co are finding out that they are fake, according to Chinese state media. Officials at 3M office in China are yet to make a statement about the discovery.
US Questions China's Taxes on Imported Aircrafts
| Charissa Echavez | | Dec 09, 2015 09:18 AM EST |
The United States has accused Beijing of bias treatment against foreign-manufactured aircrafts. The People's Republic has allegedly violated international trading laws, and the American government will be bringing the trade dispute case to the World Trade Organization.
Modernization Of Global Trade Under Bali Agreement To Save WTO Members $1 Trillion Yearly
| Vittorio Hernandez | | Nov 28, 2014 04:10 AM EST |
By streamlining and harmonizing customs procedures, members of the World Trade Organization (WTO) are expected to save over $1 trillion yearly under the Bali Agreement reached on Thursday. Also called the Trade Facilitation Agreement (TFA), the deal is expected to create 21 million jobs resulting from cuts in transaction costs and easing of customs rules.
China's Anti-Trust Campaign May Violate WTO Pact, U.S. Group Says
| Ren Benavidez | | Sep 09, 2014 10:15 AM EDT |
China's aggressive anti-monopoly law could violate its World Trade Organization (WTO) trade agreement as it is increasingly scrutinizing foreign companies operating on its soil, according to the United States Chamber of Commerce.
John Kerry Urges India To Sign WTO Deal
| Christl Leong | | Jul 31, 2014 03:07 PM EDT |
U.S. Secretary of State John Kerry met with India's Finance Minister Arun Jaitley on Thursday in hopes of convincing New Delhi to reconsider its position in blocking a WTO deal, hours before the Trade Facilitation Deal was to be signed.
EU and Australia-Led Group Urge India To Reconsider WTO Trade Deal
| Christl Leong | | Jul 27, 2014 03:58 AM EDT |
Following India's refusal on Thursday to sign a World Trade Organization (WTO) trade deal unless its concerns on food security were addressed, the European Union (EU) and a 25-country Australian-led group urged New Delhi to rethink its decision.
India Blocks WTO Deal, Potentially Damaging To Further Global Trade
| Christl Leong | | Jul 25, 2014 03:43 AM EDT |
India has blocked a World Trade Organization global customs deal on Thursday, a potentially damaging move that could result in losses both politically and economically, according to WTO members.
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