World Trade Organization
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Medically Necessary
Medically Necessary: The enormous challenge of scaling up global vaccine production
Drug manufacturers are trying to massively scale up production, which will require companies to share information and governments to make financial investments.
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American Shipper
Viewpoint: Buy American — by choice
Fewer options means less competition and less incentive to control costs.
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American Shipper
Tradeshift: ‘Green shoots’ of economic recovery emerging
Transaction volumes in China surged by an incredible 430% when factories reopened at the end of February.
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Today's Pickup
Today’s Pickup: WTO expects global trade to decrease between 13% and 32% this year
WTO expects global trade to sink by at least 13% this year; oil demand are down 50% year-on-year; economists expect 25% decline in U.S. GDP…
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Maritime
WTO: Coronavirus crisis could rival Great Depression
Cargo flows face worst hit in a century but have potential to bounce back fast.
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American Shipper
USTR faults China for continued WTO obligation shortfalls
“China has continued to embrace a state-led, mercantilist approach to the economy and trade, despite WTO members’ expectations,” the Office of the U.S. Trade Representative…
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Supply Chains
Commentary: Exogenous variables dominate a world with VUCA
Brian Aoaeh explores unforeseen shocks to global supply chains and global commerce.
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American Shipper
US will raise import tariffs on EU aircraft in March
Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”
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American Shipper
US steps up campaign to reset WTO Appellate Body
The Office of the U.S. Trade Representative said the trade dispute settlement body has overstepped its function and makes “erroneous interpretations” of World Trade Organization…
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Trade and Compliance
Commentary: The WTO’s parenting skills need improvement
Darren Prokop writes about international trade and the World Trade Organization. Are disputes among member countries being handled correctly?
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