WTO members praise revamped U.S. transparency proposal

The U.S. has revamped its proposal to improve transparency at the World Trade Organization by removing punitive measures for those members that don’t meet their commitments, a move welcomed by members this week as a step in the right direction. The proposal was first put forward by the Trump administration in 2018 to address perpetually low rates of notification compliance. It included punitive administrative measures for members not in compliance with transparency obligations. The revamped proposal – the ninth revision,...