World Trade Organization News - Latest Updates & Headlines
Temporary tariff pause mitigates trade contraction, but strong downside risks persist: WTO
Geneva, April 17: The volume of world merchandise trade is expected to decline by 0.2 per cent in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a "low tariff" baseline scenario, according to the WTO Secretariat's latest Global Trade Outlook and Statistics report released on April 16.
US 'reciprocal tariffs' deprive Global South countries of right to development: China
Beijing, April 7: The unilateral imposition of "reciprocal tariffs" by the United States effectively deprives countries, particularly those in the Global South, of their right to development, and is certain to face widespread opposition from the international community, a Chinese Foreign Ministry spokesperson said on Monday.
China urges US to withdraw probe into copper imports
Beijing, Feb 27: China's Ministry of Commerce on Thursday urged the United States to withdraw its Section 232 probe into copper imports as soon as possible, stating that its so-called accusation that China uses subsidies and excess capacity to undermine competition is entirely unfounded.
China announces retaliatory tariffs on US, to impose 15 pc tariff on coal, LNG; 10 pc on crude oil
Beijing, February 4: After the US government announced a 10 per cent tariff on all Chinese goods exported to America, China on Tuesday imposed additional tariffs on various US goods, including a 15 per cent tariff on coal and liquefied natural gas, and a 10 per cent tariff on crude oil starting from February 10.
China denounces US's tariffs, says they are open for talks
Beijing, February 2: China has strongly denounced US President Donald Trump's decision of imposing tariffs, while also leaving the door open for talks to avoid a deepening conflict, Al Jazeera reported on Sunday.
Trump tarriffs: China vows countermeasures, to sue US at WTO; Canada, Mexico hit back
Beijing, February 2: China on Sunday said it "firmly opposes" the new tarrifs imposed on the country by US President Donald Trump and warned of taking "corresponding countermeasures" to resolutely safeguard its own rights and interests.
China firmly deplores and opposes US tariff move, vows to take countermeasures
Beijing, February 2: The Chinese Ministry of Foreign Affairs has said that it "firmly deplores and opposes" the US imposition of 10 per cent tariffs on Chinese goods and vowed to take necessary countermeasures to defend its legitimate rights and interests.