DSB meeting suspended over Thailand-Philippines appellate spat
The lack of a functioning Appellate Body led to the suspension of a World Trade Organization Dispute Settlement Body meeting on Friday, as the Philippines seeks the right to retaliate against Thailand while the latter appeals -- the type of scenario many said was inevitable given the paralysis of the body. The fight centers around a case that Manila won in 2011. It successfully challenged Thailand’s customs valuation and tax measures on cigarettes. The U.S. is a third party to...