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Tag Archives world trade organization — page 2

The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Crops

Ban on food aid restrictions blocked at WTO

WTO says outcome 'disappointing' in difficult year

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Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
There is a growing feeling that trade is not as important as it once was to America’s economic future.
News

Anti-trade sentiment grips the United States

U.S. is undermining the World Trade Organization amid domestic pressure to lower trade

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Glacier FarmMedia – Blake Hurst senses shifting trade winds in the United States, and he doesn’t like the direction they are blowing. “Agriculture faces some real dangers from a change in our opinion and our approach to trade,” said the president of the Missouri Farm Bureau. Why it matters: Changing global trade patterns render markets […] Read more
There are concerns that American farm subsidies are over World Trade Organization limits.
News

WTO committee looks at COVID-19 farm measures

Some regions bumped their agricultural subsidies during the pandemic

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Glacier FarmMedia – Canada and other countries are calling for more transparency of farm measures taken by members during COVID-19. During a July 28 meeting of the World Trade Organization’s (WTO) Committee on Agriculture, some countries questioned how the international community can better monitor each country’s response to the pandemic through agricultural policies. Australia introduced […] Read more
File photo of a pedestrian crossing in front of the World Trade Organization headquarters in Geneva, Switzerland in 2019.
News

Opinion: Canada’s work to reform WTO is good sign

The world trade order is wonky and floundering and needs leadership

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Canada’s efforts to reform the World Trade Organization are commendable. It is apparent more countries are deciding to turn inward rather than focusing on multilateral trade relationships. The United States, India, Italy and others have all taken actions domestically that have negatively impacted the ability of Canadian farmers to enter those markets. Canadian Agri-Food Trade […] Read more
Canada has been involved in several international commitments to ensure trade continues with its partners during the COVID-19 pandemic.
News

WTO trade pledge applauded

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Glacier FarmMedia – The Canadian Agri-Food Trade Alliance is applauding the World Trade Organization for its commitment to stable international trade during the COVID-19 crisis. Canadian officials joined other WTO countries in committing to maintain essential global links during the pandemic. Why it matters: Maintaining strong trading relationships and open international markets is vital to […] Read more
The U.S.-China deal spits in the face of long-standing international trade rules by offering special accommodations to the benefit of only two countries.
News

Opinion: Managed trade changes global trade order

China-U.S. deal heralds new era of two-country trade focus

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Glacier FarmMedia – I suspect farmers of a certain vintage think more about China than they ever expected. Given the significance that Chinese decisions have on Canadian producers, it is easy to forget the trade relationship between the two countries is less than 30 years old. Yet here we are, once again curious to know […] Read more
Darci Vetter says American policy is harsh on farmers there.
News

American trade policy remaking world economy

Many parts of it will be detrimental to American trade over the long term, says former negotiator

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There are several ways the United States is losing by focusing on a nationalist trade agenda and balancing trade in every way, says a former U.S. chief agriculture trade negotiator. Darci Vetter, who is now vice chair, Agriculture, Food and Trade with Edelman, told the recent Arrell Food Summit that that’s borne out in the […] Read more
(WTO.org)
Markets

WTO tussles over hard stop or phase-out of appeals system

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Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
Predictable trading rules have meant advantages for Canadian companies who can follow them and gain access 
to international markets.
News

New trade order called bad news for Canada

A new report says Canada and its farmers aren’t equipped to deal with a move away from the ‘liberal world order’

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Glacier FarmMedia – Farmers face a starkly worsened long-term world market for their crops and livestock, fears a Canadian agricultural economics analysis firm. And that means many basic assumptions of how farm markets and prices behave might have to be radically reconsidered. “Some of the assumptions of the liberal world order — price arbitrage and […] Read more

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