World Trade Organization
US President says China won’t be allowed to gain competitive advantage by “skirting the rules.”
Canada and dozens of other industrialized nations have agreed after 14 years of talks to give foreign companies greater access to each other’s government procurement contracts.
China’s government has appealed a World Trade Organization (WTO) ruling against its curbs on exports of industrial raw materials in a case Washington and Europe hope will lead to an easing of restrictions on rare earths.
Trade diplomats expressed pessimism about prospects for a new global free trade pact, after admitting that their negotiations in recent months have failed to break the impasse between rich and poor countries.