World Trade Organization | featured news

The United States launched a blistering attack on fellow World Trade Organization member states on Thursday for failing to do more to cut global barriers to trade, criticizing India in particular for trying to introduce a "massive new loophole".

Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on talks later this year in Bali, when trade ministers hope to cut through some of the red tape that slows global commerce.

China filed a complaint to the WTO charging the EU with violating rules governing subsidies to its solar components industry.

After 18 years of negotiation, Russia on Wednesday entered the World Trade Organization, which restricts import duties and subsidies in an attempt to create a level playing field for international trade.

It sounds like President Obama and Mitt Romney are now competing to see who can be tougher on China. While Romney has vowed to brand China a currency manipulator on "day one" of his presidency, Obama this week played up a new complaint against China with the World Trade Organization during his tour of Ohio.

The United States has filed a trade complaint against China for imposing duties on U.S.-made autos, the World Trade Organization (WTO) said on Thursday.

A World Trade Organisation panel on Friday ruled in favor of the United States in a case against import duties imposed by China on a specialty steel product used in power transformers.

Russia is inching closer to the globalization trade club. Its membership in the World Trade Organization could be locked if it succeeds in convincing its neighboring country, Georgia, to forgive the Kremlin for the Ossetia War in 2008. So far, Georgia is the only thing standing between Russia and the World Trade Organization.

The Trade Representative's office on Tuesday welcomed what it called a "significant victory" in a World Trade Organization dispute over Chinese export restrictions on raw materials used for a variety of industrial products.

The World Trade Organization's top arbitrators upheld a ruling that China is illegally restricting imports of U.S. music, films and books, and Washington pushed forward with a new case accusing China of manipulating the prices for key ingredients in steel and aluminum production.