While economies around the world continue to suffer from the coronavirus pandemic, the World Trade Organization faces the added difficult of replacing its director-general Roberto Azevêdo. He resigned on Thursday in a shock move. Azevêdo’s resignation will be effective Aug....
Globalization has peaked and de-globalization is increasingly likely to occur, according to economists at Capital Economists. China, they argue, will not be able to overtake the US as the largest economy. Dr Zheng Wang, Associate Professor of Economics at De...
The World Trade Organization’s appellate body was at a standstill on Wednesday, as the US refused to approve replacement judges. Just one member remains on the seven-member body, as the Trump administration continues its assault to dismantle the global trade...
After a World Trade Organization ruling, the Trump administration announced it would impose tariffs on imports from Germany, France, Britain, Spain, and Italy. Officials in Washington are providing the European states until Oct. 18 before the tariffs kick in, a...
Talks collapsed between the US and China on May 10, and since then the U.S. has increased tariffs on $200bn of Chinese products from 10% to 25%. US President Donald Trump has ratcheted up the pressure recently by beginning the...
The jingoistic attacks on world trade by the Trump administration have already hurt economic growth in Europe. Europe, just starting out on an uneven recovery, could plunge into recession if world trade is disrupted further. Oxford Economics in London estimates...
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