US Trade Representative: New strategies needed to counter China state-led trade

Economy 02/19/22, 20:53

According to Reuters, U.S. Trade Representative Katherine Tai said in her new assessment report that the United States needs to develop new strategies and update its domestic trade tools to counter China's "state-led, non-market policies and practices." Tai said: "China has not moved to embrace the market-oriented principles on which the ...

US says China failed trade commitments on multiple fronts

Economy 02/17/22, 20:22

The Office of the United States Trade Representative (USTR) released a new report on Wednesday, Feb. 16, criticizing China for not meeting its broad trade commitments, including those made when it joined the WTO in 2001 and other commitments made in the Phase 1 Trade Agreement between two countries in ...

Lithuania to receive Taiwan’s help after China’s ban on beef imports

China 02/17/22, 13:00

According to the media outlet archyde.com, the Ministry of Foreign Affairs of the Republic of China (Taiwan) (MOFA) stated on Feb. 15 that Taiwan would fully assist Lithuania in responding to China's economic bullying, which included the suspension of imports of beef and other agricultural products from Lithuania. The European Union ...

Xi Jinping promises to handle trade practice concerns as China aims to join Trans-Pacific Partnership trade bloc

China 11/05/21, 15:33

During the annual CIIE (Chinese International Import Expo), Chinese communist leader Xi Jinping criticized protectionism and unilateralism on Thursday, Nov. 4, vowing to address concerns about China’s trade practices as the country seeks to join the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) trade bloc, South China Morning Post ...

Historic defeat: Chinese Communist Party loses WTO dispute to European Union

06/17/20, 13:42

The Chinese Communist Party lost its so-called market economy status in a dispute with the European Union (EU) at the World Trade Organization (WTO) that is considered historic. For four years the Chinese Communist Party (CCP) tried to force the EU to recognize it as a market economy, a case which ...

President Trump presses WTO to reform China’s ‘developing country’ status

U.S. 07/27/19, 08:14

President Donald Trump put pressure on the World Trade Organization on Friday, July 26, to change how it designates developing countries, accusing China of taking unfair advantage of its status. A memo President Trump signed on Friday directed U.S. Trade Representative Robert Lighthizer to “use all available means” to get the ...

Update: WTO head warns of ‘Dark Ages’ without free trade

Europe 01/24/19, 05:18

The Latest on the World Economic Forum in Davos, Switzerland (all times local): 11:15 a.m. The head of the World Trade Organization warned that the global economy would plunge into the "Dark Ages" without free trade. Speaking at the World Economic Forum meeting in Davos, Switzerland, WTO Director General Roberto Azevedo said: If ...

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