The WTO expects to close a long-running dispute over banana tariffs in the next two weeks, according to ICTSD. The EU and Latin American counties have faced off for years over the EU import regime, which includes a €176 per tonne tariff on bananas from most-favoured nation (MFN) suppliers, alongside a 775,000 tonne duty-free import [...]
Trade Compliance update: China has appealed the WTO ruling siding with the US complaint that Chinese restrictions on importing and distributing foreign books, music, and movies violates WTO regulations. The World Trade Organization announced the appeal in a statement to its members. Chinese officials said it was filed Tuesday, but documents were not immediately made [...]
China and the US are airing their issues at the WTO the last day or two. Yesterday, the US and EU jointly filed a complaint that China violates international trade laws by curbing exports of certain raw materials such as antimony, bauxite, indium, yellow phosphorous, magnesium carbonate, and rare earths. (So that’s why magnesium carbonate [...]
