World Trade Organization

U.S. supports Nigeria’s former finance minister as WTO Director-General

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Original Title: U.S. supports former Nigerian Finance Minister as WTO Director-General The government led by US President Joseph Biden stated on the 5th that it “strongly supports” the former NigeriafinancialMinister Ngozi Okonjo-Iweara as the worldTrade organization(WTO) New Director General. On the same day, Yu Myung Hee, a South Korean candidate supported by the previous US … Read more

The Brexit deal is still stuck in fishing and would still be hours away

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FILE PHOTO: The flag of the United Kingdom and several of the European Union in Brussels, Belgium, on December 9, 2020. REUTERS / Johanna Geron BRUSSELS, Dec 24 (Reuters) – Negotiations to conclude a Brexit trade deal could still have “a few hours to go,” a UK source said on Thursday as expectations continued for … Read more

The pandemic took Trump’s trumps, moreover he did not modernize the economy, says Švihlíková – ČT24 – Czech Television

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As a result, he tended to transfer internal problems abroad. “If he wanted to make more history, he would have to focus more on domestic problems,” said the economist. According to her, Trump failed to create major new benefits for the United States. On the contrary, the question is whether his coercive style will not … Read more

European Union can impose tariffs on US goods in retaliation for Boeing’s aid, WTO said – CT24 – Czech Television

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The imposition of tariffs by the European Union (EU) was approved two weeks ago by the WTO arbitration body, and at Monday’s meeting the tariffs were finally approved by the Dispute Settlement Body. The US delegate to the WTO called on the EU not to introduce tariffs, as the state of Washington has already stopped … Read more

Johnson canceled the ultimatum. Britain will resume talks with the EU, according to Barnier, an agreement is within reach – ČT24 – Czech Television

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Although there are only a few weeks left to negotiate an agreement on post-interest relations, talks are currently blocked, as the United Kingdom is also calling for a drastic change in the other party’s approach. “The United Kingdom must make a major decision on its own future,” Michel told lawmakers, who briefed the outcome of … Read more

American tariffs on Chinese goods are in conflict with the rules, the World Trade Organization – ČT24 – Czech Television decided

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This is the first WTO decision against tariffs that the Trump administration has imposed on a number of countries, including allies, in recent years, the AP agency writes. In its decision, the organization opposed the Trump administration’s argument that China was involved in practices that harmed US interests. Trump has repeatedly accused the WTO of … Read more

After the “endless” Brexit, tariffs are threatened

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According to British Prime Minister Boris Johnson, a month and a week remain to negotiate a free trade agreement between his country and the EU. The negotiations are frozen. And only a breakthrough can prevent Britain’s uncontrolled exit from the European single market and customs union, to the detriment of businesses and economies on both … Read more