The World Trade Organization (WTO) issued a decision that the European Union (EU) is authorized to impose tariffs on approximately $4 billion worth of annual imports from the United States, an amount the WTO found to be “commensurate with the degree and nature of the adverse effects determined to exist.”  The WTO’s decision is part

On Monday, March 30, 2020, trade ministers of the G20 countries issued a joint statement stating that any emergency measures taken in response to the coronavirus pandemic must be temporary and consistent with World Trade Organization (WTO) rules.  Several governments, including India and Germany, have already implemented export restrictions on medical supplies, and there are

The Office of the U.S. Trade Representative (USTR) issued a joint statement with the trade ministers of Japan and the European Union (EU) following a meeting between the three ministers on January 14, 2020.  The joint statement announces the three economic powers’ frustrations with the World Trade Organization’s (WTO) current countervailable subsidy measures and their

For the first time since China gained membership in 2001, the World Trade Organization (WTO) on November 1, 2019 authorized China to impose $3.6 billion worth of punitive and retaliatory tariffs on American imports.  The WTO ruled that U.S. antidumping duties on imports of Chinese steel were overinflated because the methodologies used by the U.S.

The U.S. is set to levy 25% tariffs on imports of specified European foods in response to the World Trade Organization’s (“WTO”) decision on October 2, 2019, that the European Union (E.U.) provided subsidies to Airbus at the expense of Boeing and the United States. These new tariffs will affect approximately $7.5 billion beginning today,

On October 2, 2019, the World Trade Organization (WTO) Arbitrator ruled in favor of the United States and Boeing in its dispute against the European Union and Airbus on the subsidies provided by the E.U. to Airbus. The ruling permits the U.S. to levy retaliatory tariffs on approximately $7.5 billion worth of European exports to