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World Trade Online

This Week In Trade

Dispute settlement reform is slated for high-level attention in Geneva this week, as heads of delegations are scheduled to meet on Thursday for an update on the state of technical talks at the World Trade Organization.

IN TRADE

“Today’s action, which includes entities from within and outside Xinjiang, and from three different industry sectors – footwear, seafood, and aluminum – reaffirms our commitment to robust enforcement.”

Thu, 4:55 PM

“The central issue is that U.S. action to reduce Chinese access to its markets and technologies can be undermined should China increase trade and investment with Mexico and Canada in order to enter the U.S. market while avoiding U.S. trade and investment restrictions.”

Thu, 4:02 PM

Our weekly survey of who’s saying what.

Thu, 11:01 AM

“The United States and Uzbekistan were pleased with the significant progress made this year in bilateral market access negotiations.”

Wed, 5:17 PM
By Oliver Ward

China’s reliance on exports to revive its slowing economy could trigger a new flood of low-cost goods in international markets, a leading U.S. manufacturing group warned on Friday, arguing for a slate of new policy measures to combat Chinese overcapacity and preserve U.S. jobs and industry.

By Jason Asenso

President Biden on Friday formalized the White House Council on Supply Chain Resilience via executive order, directing it to complete a sweeping review of critical supply chains by the end of the year.

By Hannah Monicken

G7 countries on Friday pledged to tackle non-market policies and economic coercion by prioritizing supply chain resilience and diversification, committing to further coordination via “joint monitoring” and additional information-sharing along with individual efforts.

By Hannah Monicken

The U.S. and five Central Asian countries are working to boost trade and investment ties and foster regional integration, they said on Friday, citing reform goals in the region related to trade facilitation, regulatory environment and labor issues.

By Margaret Spiegelman

An upcoming review of the U.S.-Mexico-Canada Agreement will provide a “checkpoint” to ensure the deal remains up to date, Canada’s trade minister said on Thursday, pushing back on suggestions that the first-of-its-kind review could turn into a renegotiation.

By Oliver Ward

A comprehensive strategy for creating resilient critical mineral supply chains and eliminating dependency on China would focus on ensuring the U.S. sources critical minerals from reliable partners while building out domestic mining, processing and recycling capacity, lawmakers and analysts said on Wednesday, warning that such steps will take time and require policy support.

  • A phase-two agreement to curb harmful fisheries subsidies is “absolutely” possible before the World Trade Organization takes a break in August if governments can muster the political will to make it happen, the chair of the talks said on Friday.

  • Most World Trade Organization members this week continued to push for a two-tiered dispute settlement system at the first meeting convened by the recently appointed facilitator, but many said they were open to finding compromises and other approaches that would replace the Appellate Body, citing ideas like limits on what can be appealed and expanding the role of the interim review stage before...