U.S., EU, others propose penalties for WTO members lax on notifications
A joint proposal on transparency issued by the United States, European Union, Japan, Argentina and Costa Rica would strip members of the World Trade Organization of their rights in the body if they fail to live up to the notification commitments prescribed in the WTO agreements. The U.S. has repeatedly raised members’ failure to live up to notification requirements as an impediment to WTO negotiations. The proposal contains elements similar to those put forward by the U.S. in October 2017...