All the updated news related to world trade

All the news related to world trade updated in real time

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China can impose 645 million dollars retaliatory tariffs on US imports, says WTO

A World Trade Organisation (WTO) arbitrator has decided that China can impose retaliatory tariffs on imports from the United States totalling up to 645 million US dollars (£477 million) a year, capping a decade-long dispute over US duties on some ...

26 Jan 2022 at 19:26

World

US marks 21st anniversary of September 11 terror attacks

Americans are remembering 9/11 with moments of silence, readings of victims’ names, volunteer work and other tributes 21 years after the deadliest terror attack on US soil. Victims’ relatives and dignitaries will convene on Sunday at the places ...

11 Sept 2022 at 07:54

Johnson ‘carefully considering’ not replacing Lord Geidt as ethics adviser

Boris Johnson is considering not replacing Lord Geidt as the ethics adviser who rules on whether ministers, including the Prime Minister, break the rules. Downing Street said on Thursday he would instead conduct a review into the “vitally ...

16 Jun 2022 at 20:00

Cleverly defends China visit plans and pledges to use UK’s global ‘influence’

Foreign Secretary James Cleverly has defended a possible trip to China as he argued that international reforms cannot happen without recognising Beijing’s global financial influence. Mr Cleverly confirmed last week that he is “looking at ...

29 Jun 2023 at 18:38

World

Global economy weighed down by war, uncertainty and instability, says WTO chief

The head of the World Trade Organisation (WTO) has warned that war, uncertainty and instability are weighing down the global economy and urged the bloc to embrace reform as elections across nearly half of the world’s population could ...

26 Feb 2024 at 15:28

World

The heavy toll of Russia’s war in Ukraine one year on

Quantifying the toll of Russia’s war in Ukraine remains an elusive goal a year into the conflict. Estimates of the casualties, refugees and economic fallout from the war produce an incomplete picture of the deaths and suffering. ...

24 Feb 2023 at 08:55

World

Beijing files complaint at WTO over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organisation that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO ...

04 Nov 2024 at 18:41

World

Second term for WTO chief as Trump’s return looms over trade body’s future

The head of the World Trade Organisation (WTO) said she is “eager” to work with the US President-elect and his trade team, while taking a wait-and-see stance about Donald Trump’s plans to impose new tariffs on goods from ...

29 Nov 2024 at 14:33

World

World trade chief says global free trade is in a crisis while on visit to Japan

Global free trade is in crisis, the head of the World Trade Organisation said while meeting Japanese Prime Minister Shigeru Ishiba on Tuesday. Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), ...

13 May 2025 at 14:54

World

WTO says global trade could slide this year because of Trump’s tariff policies

The World Trade Organisation (WTO) says the volume of trade in goods worldwide is likely to decrease by 0.2% this year because of US President Donald Trump’s shifting tariff policies and a stand-off with China, but it ...

16 Apr 2025 at 15:54

World

Trump’s sweeping new tariffs take effect

US President Donald Trump’s sweeping new tariffs have gone into full effect. When Mr Trump announced the latest round of tariffs on April 2, he declared that the US would now tax nearly all of America’s trading ...

09 Apr 2025 at 14:47

World

World reacts with caution to Trump’s tariffs

Sweeping new tariffs announced on Wednesday by US President Donald Trump were met with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. Mr Trump ...

03 Apr 2025 at 04:32

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