Countries are making progress on reforming the World Trade Organization (WTO) but will fall short of clinching a deal at a major meeting early next year, the ambassador leading the talks said in a confidential document.
WTO chair rules out reform deal at next major meeting, document shows
U.S. and China reach deal to temporarily slash tariffs
‘Very positive news’ for countries’, global economies says analyst
The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.
WTO chiefs past and present demand rapid reform to keep global free trade alive
A former World Trade Organization boss has said the future terms of global trade, rocked by U.S. President Donald Trump’s sweeping protectionist tariffs, could be decided outside the 30-year-old international watchdog unless it reforms itself fast.