U.S., EU, Japan commit to strengthen WTO subsidy rules, address tech transfer

The United States, the European Union and Japan on Thursday pledged to tackle “non market-oriented policies and practices” by developing stronger World Trade Organization rules for industrial subsidies and state-owned enterprises, cooperating on technology transfer and laying out a list of conditions they say define a market economy. A joint statement from U.S. Trade Representative Robert Lighthizer, Japanese Minister of Economy, Trade and Industry Hiroshige Seko and EU Trade Commissioner Cecilia Malmström following a Paris meeting came the same day...