President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines, bowing to mounting pressure from Democratic lawmakers and more than 100 other countries, but angering pharmaceutical companies. Biden voiced his support for a temporary …
Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the United States and China. …
The United States has asked China not to implement its new cyber security law and is concerned it could damage global trade in services, a U.S. document published by the World Trade Organization showed on Tuesday. China ushered in a …
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …
Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications. In a nutshell, Britain would have to …
Prime Minister Theresa May set the U.K. on course for leaving the European Union in two years’ time, a divorce that will redefine the country’s relationship with its largest trading partner and end decades of deepening political integration on the …
If the UK leaves the European Union without being able to complete a Brexit trade deal, it could be forced into World Trade Organization tariffs – an option that is under serious consideration by the UK government. However, Paul Drechsler, …
Controversial cyber security regulations for China’s insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade Beijing to change tack. Those groups say the draft measures are vague and …
Crisis is the natural state of world trade negotiations. But this week will be different. Ministers meeting in the Indonesian resort of Bali from Tuesday until Friday will decide the fate of the World Trade Organization, with two possible outcomes: …
WTO member countries have until the end of July to revive moribund global free trade talks in time for a meeting scheduled for December in Bali, top trade officials and ministers said on Thursday, and warned of long-term damage if …
