A china visto pelos adversários (UE) australia (o mundo contra a China) DISPUTAS
Jul21
“Decades of gaming the global trading system and failing to meet WTO commitments have enabled China to accumulate tremendous trade surpluses and foreign currency reserves, which it uses to pursue domestic and foreign policy objectives,” said Ezell. “It is time for like-minded nations to join together to forcefully insist that China come into full and immediate compliance with all its WTO commitments and more broadly to contest China’s innovation-mercantilist strategies.”
As of 2019, the University of Pennsylvania ranks ITIF as the most authoritative science and technology policy think tank in the world. http://www.businessghana.com/site/news/general/243291/20-Years-After-Joining,-China-Still-Shirks-WTO-Commitments; https://itif.org/publications/2021/07/26/false-promises-ii-continuing-gap-between-chinas-wto-commitments-and-its
jul21
China regards its rise as a long
overdue restoration of its rightful position, as it has been the
largest economy in the world for most of its history, except the
brief aberration over the past 150 years.80 The Western
powers, however, view China’s rapid development with
suspicion, as they attribute China’s success mostly to its stateled
development model, with state-owned enterprises, massive
subsidies, and heavy government intervention playing a major
role.81
CONTEXTO [The proposals by the European Union, United States,
Canada, and the Ottawa Group]The first group concerns the need to update the
substantive rules of the WTO, such as clarifying the
application of ‘public body’ rules to SOEs, expanding the rules
on forced technology transfer, and addressing barriers to
digital trade.101 All of these are long-standing issues which
have been litigated in the WTO.102 They each reflect a major
concern over China’s trade and economic systems, which
employ measures that are perceived as unfair trade practices.
The ‘public body’ issue in the first relates to China’s unique
state-led development model, which emphasizes the role of
state-owned firms in the Chinese economy, often without a
clear boundary between the State and the firm.
By taking unilateral measures against China without
DSB [Dispute Settlement Body] authorization, the United States has violated its WTO
obligation. Not surprisingly, this is also China’s view, as
articulated in its three successive WTO cases against the
different rounds of US tariffs.
CHINA CONCILIADORA COM BIDEN?
In his speech at the World
Economic Forum on January 25, 2021, President Xi Jinping
also emphasized, as an indirect message to the new U.S.
administration, the need to uphold international law,
strengthen multilateral institutions and embrace “consultation and cooperation instead of conflict and confrontation.”173
With the joint efforts of the two largest economies in the
world, the meeting of minds on WTO reform might be finally
within reach.
Henry Gao
jul21
Views in many OECD member countries on China’s reintegration into the world trade
order, often seen through the lens of its accession to the WTO in 2001, have become
less positive over time (Winters 2021). Perceptions that very rapid growth in China
and associated competitive pressures are due in part to the role of the state in China’s
economy and to ‘unfair trade practices’ have led to trade tensions. As what one country
regards as an ‘unfair’ trade practice may constitute good economic policy to another, an
important function of the WTO is to provide a platform for members to negotiate rules of
the game that attenuate negative cross-border competitive spillovers generated by traderelated
economic policies
Bernard Hoekman, TU Xinquan, and WANG Dong
EUI and CEPR; UIBE; Peking University
JUL21
(banir a China da OMC?)
Free trade is getting a bad name. It used to be that economists and experts almost universally approved of unfettered international trade, free of distortion from subsidies and tariffs. Now that gospel is questioned because of the Chinese regime’s unethical trade practices, including dumping products at below-market prices and widespread technology theft, along with displaying territorial aggression against neighbors and genocide against the Uyghurs.
The exclusion of China from the WTO would provide relief to the rest of the world and allow them to return to free trade. Sure, the price of toasters will rise without China’s massive supply, but paying an extra buck or two for a toaster is sometimes the cost of doing the right thing and protecting our freedoms and democracies into the future.
China is using the global economy to build a world-class military that could soon defeat the United States, putting the independence of countries around the world at risk.
“China has used the WTO the same way it has used other international organizations and the international rules of the road more broadly: it has subverted the stated purpose of these organizations from within,” Alex Gray, a senior fellow at the American Foreign Policy Council and former chief of staff of the National Security Council (2019–21), wrote in an email.
“While a member in good standing of the WTO, China was simultaneously perpetrating trillions of dollars in intellectual property theft, flouting global trade rules, and hollowing out the industrial bases of other WTO members, including the United States.
“A bipartisan consensus has formed in the U.S. that allowing China into the WTO was one of the greatest foreign policy failures of recent decades, and countering China’s persistent economic aggression is an economic and national security imperative.”
“China has long hidden behind WTO rules to undermine the fundamental tenets of the global trading system,” Arha wrote. “A nation’s stated goal to increase its global economic leverage for political gains [as China has done] is inherently incompatible with the goals and vision for [the] WTO.”
The only way to save the WTO, and thus the principles of global free trade, is to more aggressively challenge the CCP’s abuse of the system, including at the WTO itself.
“I will expect more nations challenging China in [the] WTO and asking for institutional reform of the institution to ensure its survival,” Ahra wrote.
Global free trade can be formalized as a prisoners’ dilemma game in which all players must cooperate with each other to improve the outcome for all, but just one player can ruin the long-term outcome for all by short-term finking. China has been that one country to cheat the system by burrowing into its foundations, thereby risking it all crashing down.
Anders Corr has a bachelor’s/master’s in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He’s a principal at Corr Analytics Inc., publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. He authored “The Concentration of Power” (forthcoming in 2021) and “No Trespassing,” and edited “Great Powers, Grand Strategies.”
https://www.theepochtimes.com/ban-china-from-the-wto_3869036.html
Jul21
INDIA
India recently took some policy decisions to reduce or ban certain imports from China. This follows India’s earlier decision to abstain from the Regional Comprehensive Economic Partnership (RCEP). As may be recalled, the RCEP is a proposed free trade agreement (FTA) between the ten member States of the ASEAN and six of ASEAN’s FTA partners, which include both India and China (in addition to Australia, Japan, New Zealand, and South Korea).
India’s decision to abstain from the RCEP was apparently made on the ground that such an agreement would have effectively amounted to an FTA with China. Thus, the recent policy decisions appear to be the continuation of the earlier decision to abstain from the RCEP, though the recent hostilities on the border with China also have been a contributing factor for the policy decisions. https://www.dailypioneer.com/2021/sunday-edition/trading-with-china--india-needs-to-be-firm.html
jul21 EUA
A long-dormant World Trade Organization dispute over restrictions on rice, corn and wheat sprang to life Friday as the U.S. looked to punish China with new tariffs and Beijing blocked the move with calls for a new round of arbitration. After the WTO struck down China's tariff-rate quota system in 2019, Beijing was given until the end of that year to comply. The deadline was repeatedly pushed back as the parties negotiated a broader trade agreement to cool their rising tensions. But the TRQ fight has remained unresolved, and the passage of the most recent deadline has spurred the U.S. into action. "In the view of the United States, China failed to bring its measures into compliance with its WTO obligations within that period," the U.S. delegation wrote in a brief notice. "The parties have not reached agreement on compensation. Therefore, the United States is entitled to authorization by the [Dispute Settlement Body] to take countermeasures." China filed a notice of its own, rejecting the U.S. assertion that the TRQs — a two-tiered tariff system in which imports are let in with a low tariff rate until a certain limit is reached, after which goods may be imported at a much higher rate — are still being administered illegally. https://www.law360.com/foodbeverage/articles/1403762
jukl21
EUA
Before the trade war, the US sold $24 million in agricultural products to China. This accounted for 20-25% of all Chinese ag product imports. In 2018 and 2019, the tariffs impeded US sales in China, reducing that market share down to 10%. https://www.thecattlesite.com/news/57106/usda-outlook-forum-uschina-trade-prospects-a-shortterm-outlook/
jun21 AUSTRALIA
On Thursday, China's government suddenly announced it would raise a dispute at the World Trade Organization (WTO) against Australian anti-dumping duties on three of its exports. "China is the biggest exporting economy in the world and its economy is also overrun with overproduction," Richard McGregor, a China expert at the Lowy Institute, says. "In other words, they have got many goods which are over produced, which means they are often looking for a home offshore in countries like Australia. But he says China has "long had a bee in its bonnet" about anti-dumping actions taken by Australia against its exports. "They've never taken us to the WTO over it. I suspect they've been keeping these cases up their sleeve to do just that," Mr McGregor says. "And Australia's announcement for the wine case was the trigger for them to do that." https://www.abc.net.au/news/2021-06-26/china-wto-anti-dumping-explainer/100245046On Thursday, China’s Ministry of Commerce announced that China has filed a complaint against Australia in the WTO. China’s WTO complaint concerns anti-dumping and countervailing duties imposed by Australia on Chinese railway wheels, wind towers and stainless steel sinks. This is the latest stage of an escalating trade conflict between Australia and China. In recent years, both countries instituted multiple rounds of tariffs on key goods from the other, and Australia has restricted the activity of Chinese companies within Australia. In 2018, Australian Prime Minister Scott Morrison banned Huawei from building out Australia’s 5G network.Anti-dumping and countervailing duties are imposed when a country believes that goods from another country are being sold at an unfairly low price that harm local producers of the same goods. Australia alleged that Chinese manufacturers benefit from government subsidies that allow them to price goods substantially below the cost to produce those goods. China uses subsidies to accomplish numerous policy goals, such as alleviating unemployment in certain regions, developing independent supply lines for strategic goods (such as massive recent investment in Chinese semiconductors), and competition. For example, China subsidized steel to the point where it generated excess steel 65% above demand, which resulted in a worldwide price slump for the product. https://www.jurist.org/news/2021/06/china-files-anti-dumping-complaint-against-australia-in-the-wto/
Matt Canavan, the Senator of Australia's National Party, has called China one of the 'biggest threats' to the country's liberties and future prosperity."There are three Cs which we are challenged with at the moment: There's COVID, there's climate change and there's China," Sputnik quoted Canavan telling an Australian broadcaster. He further said that China was "by far and away is the biggest threat to our liberties, freedoms and future prosperity." https://in.news.yahoo.com/australian-senator-calls-china-one-115543702.htmlJapan’s ambassador to Australia says Australia is “not walking alone” in its trade war against China, insisting Japan can help Australia turn away from the volatile economic superpower. In his National Press Club address on Wednesday, Shingo Yamagami signalled his disapproval of China’s behaviour towards Australia. “Trade should never be used as the tool to apply political pressure,” he said. https://www.theaustralian.com.au/breaking-news/australia-is-not-walking-alone-japan-voices-support-in-china-trade-war/news-story/11ae4c952c92a311b57e3c468f7d28a0
Diplomatic channels between Australia and China will remain closed after Foreign Minister Marise Payne rejected Beijing’s terms for reopening dialogue. Relations between Australia and China first started to unravel in April last year when Prime Minister Scott Morrison called for an independent investigation into the origins of COVID-19. Ms Payne reinforced Australia’s tough stance on China in a virtual address to China-exposed businesses in Canberra. https://www.skynews.com.au/world-news/australias-foreign-minister-candidly-rejects-chinas-conditions-to-restart-dialogue/news-story/c603132109b6db415e4e46275c760470
jun21
CANADA
Canada has escalated its complaint over restrictions placed on its canola seed exports to China, which have been in effect for over two years. China suspended imports of canola seeds from Richardson International and Viterra in March 2019, while also making shipments from other Canadian firms subject to enhanced inspections, due to the detection of pests. Canada claims it requested consultations with China in September 2019, but after discussions in October 2019 “failed to settle the dispute”, it has now requested the Dispute Settlement Body at the World Trade Organization (WTO) to establish a panel. https://www.scmp.com/economy/global-economy/article/3138421/canada-escalates-complaint-over-chinas-block-its-canola-seed
Canada’s canola farmers hope WTO complaint against China can ease costly blocks on seed exports. China suspended imports of canola seeds from two firms in March 2019, while also making shipments from other Canadian firms subject to enhanced inspections. Canada has now lodged a complaint and asked the Dispute Settlement Body at the World Trade Organization (WTO) to establish a panel. https://www.scmp.com/economy/china-economy/article/3138958/canadas-canola-farmers-hope-wto-complaint-against-china-canJUL21 Canada has succeeded at the second time of asking to establish a World Trade Organization (WTO) panel to look into China’s restrictions placed on its canola seed exports, which have been in effect for over two years. China suspended imports of canola seeds from Richardson International and Viterra in March 2019, while also making shipments from other Canadian firms subject to enhanced inspections, due to the detection of pests. The first attempt by Canada to establish a panel was
blocked by China at the end of June, but at a meeting of the WTO Dispute Settlement Body on Monday in Geneva, it was not able to gain the consensus against the panel’s formation required to block it on this occasion. “The Canola Council of Canada supports the government of Canada’s action to take the next step in the WTO process by establishing a dispute settlement panel at the WTO,” said a statement from the Canola Council of Canada. https://www.scmp.com/economy/global-economy/article/3142635/canada-escalates-wto-case-against-chinas-blocks-its-canola
jun21
How China Violated the WTO and Made Free Markets Less Free: Clyde Prestowitz. Clyde Prestowitz, president and founder of the Economic Strategy Institute and author of “The World Turned Upside Down: America, China, and the Struggle for Global Leadership.” He gave his take on China’s digital currency ambitions, how the Chinese regime rose to global economic power, how the pandemic served as a wakeup call for countries doing business with China, and much more. https://www.theepochtimes.com/how-china-violated-the-wto-and-made-free-markets-less-free-clyde-prestowitz_3867502.htmljun21
The Australian government said on Saturday it was lodging a formal complaint with the World Trade Organization over China's imposition of anti-dumping duties on Australian wine exports, escalating further its trade standoff with Beijing. "The government will continue to vigorously defend the interests of Australian wine makers using the established system in the WTO to resolve our differences," Dan Tehan, minister for trade, tourism and investment, said in a joint press release with the Agriculture Minister David Littleproud. Relations with China, already rocky after Australia banned Huawei from its nascent 5G broadband networking in 2018, have worsened since Canberra called for an international inquiry into the origins of the coronavirus, first reported in central China last year. China, Australia's largest trading partner, responded by imposing tariffs on Australian commodities, including wine and barley and limited imports of Australian beef, coal and grapes, moves described by the United States as "economic coercion." Last year, Australia launched a formal appeal to the WTO seeking a review of China's decision to impose hefty tariffs on imports of Australian barley. The wine tariffs doubled or tripled its price and made the Chinese market unviable for exporters, the Australian government had said earlier. https://www.nbcnews.com/news/world/australia-takes-wine-dispute-china-wto-n1271370
jn21
JAPÂO: Japan files complaint against China in WTO over anti-dumping duties.
TOKYO, June 11 (Reuters) - Japan's government said on Friday it has complained to the World Trade Organization over China's anti-dumping tax for stainless steel products, which was introduced in July 2019.
The move comes after Japan has repeatedly asked China to remove the measure through bilateral talks, the Ministry of Economy, Trade and Industry said in a statement on its website. https://www.agriculture.com/markets/newswire/japan-complains-to-wto-of-chinas-anti-dumping-tax-in-stainless-steel-products
jn21
(o mundo contra a China) Os líderes do G7 acordaram este sábado lançar a iniciativa "reconstruir melhor para o mundo" para "responder às tremendas necessidades nos países de renda média e alta", anunciou a Casa Branca, em comunicado.O plano será dirigido a países da América Latina, Caraíbas, África e Indo-Pacífico. O plano quer ser uma alternativa ao projeto chinês Nova Rota da Seda, que visa revitalizar a chamada Rota da Seda através da modernização das infraestruturas e telecomunicações para melhorar a ligação entre a Ásia e a Europa. https://www.dn.pt/internacional/g7-concordaram-em-lancar-grande-plano-para-travar-a-china-13829554.html
A China avisou este domingo os líderes do G7 que os dias em que “pequenos” grupos de países decidiam o destino do mundo fazem parte do passado, numa resposta às críticas endereçadas a Pequim na cimeira do grupo dos sete países com economias avançadas e sociedades abertas, que decorre na Cornualha, Reino Unido. “Sempre acreditámos que os países, grandes ou pequenos, fortes ou fracos, pobres ou ricos, são iguais e que os assuntos mundiais devem ser tratados através de consultas entre todos os países”, afirmou um porta-voz da embaixada chinesa em Londres. https://www.publico.pt/2021/06/13/mundo/noticia/china-avisa-g7-grupos-paises-nao-governam-mundo-1966273
Tariff warfare against China is futile: Expert
Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, said: “Through the increased tariffs on Chinese goods, US hoped to reduce the trade deficit with China, transfer costs to Chinese exporters, and force companies to move their supply chain activities out of China to the US or other countries. “But such expectations have failed, while the tariff surges have damaged US companies’ competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs.” https://newbusinessethiopia.com/trade/tariff-warfare-against-china-is-futile-expert/jun21 (CRITICAS À CHINA)
Critics say that in the two decades since it joined the WTO, the Chinese government has exploited the Geneva-based organization’s rules to deploy as much as $500 billion of state aid to create dominant companies in sectors including robotics, aircraft and electric cars. A 2020 U.S. report said Beijing’s industrial plans will “likely result in oversupply, leading to loss of jobs and production,” for western companies. The U.S. and EU intend to “update the WTO rulebook with more effective disciplines on industrial subsidies, unfair behavior of state-owned enterprises, and other trade and market distorting practices,” according to the draft, which is still subject to change. They’ll also commit to addressing “economic coercion” in China. Beijing hoped “relevant countries” treated China in an objective, rational manner, Foreign Ministry Spokesman Wang Wenbin said Thursday at a regular press briefing in Beijing. https://www.bloomberg.com/news/articles/2021-06-09/biden-lines-up-eu-support-to-toughen-terms-of-trade-for-china The report states that the Chinese government’s “massive subsidy campaign [as much as $200 billion over the past eight years] to develop its domestic semiconductor capability” has exploited “gray areas” in international trade rules and avoided World Trade Organization (WTO) oversight. The Chinese government has propped up key tech industries, including semiconductors manufacturing and SME production, through a “novel subsidy strategy” meant to avoid “transparency requirements of the WTO subsidy regime.” Essentially, government subsidies are booked as “investments” to avoid WTO disclosure rules. https://www.forbes.com/sites/roslynlayton/2021/06/10/white-house-report-on-china-short-term-profits-undermine-long-term-resilience/?sh=6ccbc9272c19
Jun21
AUSTRALIA
China respects WTO rules on barley trade disputes with Australia: MOFCOM: China will handle the anti-dumping and countervailing case of imported Australian barley in accordance with WTO dispute settlement procedures, the Chinese Ministry of Commerce (MOFCOM) said on Thursday, after the WTO agreed to set up a panel of experts to resolve the barley trade dispute between Australia and China. "The Chinese government has always respected WTO rules and managed its foreign trade in accordance with them. At the same time, China respects New Zealand's right as a WTO member to participate in the trial of relevant dispute cases as a third party," Gao Feng, spokesperson of the MOFCOM, said on Thursday during a press briefing. The WTO said last week that it would set up a dispute settlement panel to resolve the barley case. And New Zealand's Trade Minister Damien O'Connor said recently that his country was participating in the dispute as a third party. https://www.globaltimes.cn/page/202106/1225312.shtml
Wide restrictions that China slapped on Australian exports are not as damaging as it was feared they’d be, because Australia is finding new markets for its goods. Tensions between the countries have soared in recent months, deteriorating sharply after Australia supported a call for a global inquiry into China’s early handling of Covid-19. Beijing has since taken several measures restricting Australian imports, ranging from levying tariffs to imposing other bans and restrictions. That has affected Australian goods including barley, wine, beef, cotton and coal. https://www.cnbc.com/2021/06/03/australia-finds-new-markets-for-coal-barley-amid-china-trade-fight.html
According to the commerce ministry, China will correctly deal with arguments about anti-dumping and countervailing missions on barley imported from Australia, in line with the difference settlement measures of the World Trade Organization (WTO). Gao Feng, a spokesperson with the Ministry of Commerce (MOC), in response to the WTO's recent founding of a panel to solve the arguments, the Chinese government always respected the WTO guidelines and directed its foreign trade in line with these rules. https://menafn.com/1102220989/China-correctly-handles-arguments-to-anti-dumping-countervailing-duties&source=30
The World Trade Organization must have a binding dispute settlement system to address the growing use of "economic coercion", Australia's Prime Minister Scott Morrison said on Wednesday, as Canberra moves to win the support of G7 nations in its dispute with China. Relations with China, already rocky after Australia banned Huawei from its nascent 5G broadband networking in 2018, cooled further after Canberra called this year for an independent investigation into the origins of the coronavirus pandemic, first reported in central China last year. https://www.reuters.com/business/australian-pm-call-wto-reform-tensions-with-china-mount-2021-06-08/
jun21
INDIA?
India’s effort to find a solution faces ‘challenge’ at WTO
https://www.thehindubusinessline.com/economy/indias-effort-to-find-a-solution-faces-challenge-at-wto/article34690842.ece
mai21
Australia_: The European Union’s top diplomat in Canberra has urged China to have a “proper discussion” with Australia over its multibillion-dollar trade disputes and left the door open to the EU joining a claim against Beijing at the World Trade Organisation.
The EU’s ambassador to Australia, Michael Pulch, said Europe’s message to China was: “We do have an international system that guides our trade and China should apply these the same way that it expects others to apply them.” Over the past year, China has imposed more than $20 billion of trade strikes on Australian goods – including beef, barley, wine and lobster – in response to Canberra’s push for an independent inquiry into the coronavirus, as well as other national security decisions. Australia has already commenced a WTO claim against China on the barley dispute, while it is close to launching action on the wine tariffs. https://www.smh.com.au/politics/federal/europe-tells-china-to-have-a-proper-discussion-with-australia-on-trade-disputes-20210524-p57uif.html
mai21
USA President Bill Clinton gave away the store to China when he facilitated — with help from both sides of the aisle — China’s entry into the World Trade Organization, which China used to its advantage while ignoring the rules that would keep it a fair-trading partner.
The long-term impact on manufacturing jobs was documented in a report last year by the think-tank Economic Policy Institute, which opposed China’s entry into the WTO. The growth of the U.S. trade deficit since China entered the WTO resulted in the loss of 3.7 million jobs, three-fourths of which were manufacturing jobs. Those who found work in other sectors of the economy also found they paid lower wages. https://www.idahostatesman.com/opinion/opn-columns-blogs/article251585158.html
Mai21
UNIAO EUROPEIA Geopolitical concerns also played a role in freezing the EU-China Comprehensive Agreement on Investment (CAI). The European Parliament voted to shelve the pact, which had been heavily promoted by Germany, after Beijing introduced sanctions on EU lawmakers earlier this year.
The tit-for-tat sanctions were imposed after the 27 EU countries approved sanctions on Chinese officials running internment camps in the western, Muslim-majority Chinese region of Xinjiang.
US Trade Representative Katherine Tai has called for a strategic rethink of global trade policies that had failed to parlay increased trade activity into advances for workers and the environment.
"The use of force labor is probably the crudest example of the race to the bottom in global trade," Tai told reporters in Washington this month, in reference to China's use of forced labor in the Xinjiang province.
https://www.dw.com/en/changing-global-order-poses-fresh-challenges-for-trade-deals/a-57625601
mai21
The Chinese Foreign Ministry on Tuesday urged the US to stop forming small cliques targeting China, saying such twisted and narrow-minded mentality is not befitting of a global power, Global Times reported.
The comment came after the US and the EU on Monday agreed not to escalate their dispute over US steel and aluminum tariffs and said in a joint statement that they can work together to "hold countries like China that support trade-distorting policies to account."
Asked about the US and EU moves at a press briefing on Tuesday, Zhao Lijian, a spokesperson for the Chinese Foreign Ministry, said that "how the US develops its economic and trade relations with Europe is its own business, but they should not use China as a pretext or even attempt to form a 'small clique' against China."
https://www.theedgemarkets.com/article/china-slams-us-over-joint-statement-eu-takes-aim-beijing-global-times
mai21
(criticas UK)
The UK and its allies have been “too soft” on China and the World Trade Organisation (WTO) needs to get tough on Beijing’s unfair trade practices, according to international trade secretary Liz Truss.
Truss told a Westminster committee today that the UK wants “to improve our toolkit multilaterally and unilaterally” through putting in new subsidies rules for things like steel and aluminum.
She also said the WTO cannot continue to classify China as a developing country, which means it benefits from looser rules on trade, and that she would make this point a key part of the UK’s G7 chairmanship this year.
China has been widely accused of stealing intellectual property and trading with goods that have been made with forced labour or do not comply with environmental standards – charges the country denies.
It also gives large subsidies to its steel and aluminium sectors, giving these sectors a further competitive advantage over competitors.
Truss told parliament’s International Trade Committee that she wanted to work with the WTO to place more stringent rules on unfair trade practices and would speak with US Trade Representative Katherine Tai about this today.
The international trade secretary said this included things like increased “transparency of declaration of industrial subsidies” and “how rules can be updated at the WTO to include more categories of subsidies”. https://www.cityam.com/truss-when-will-wto-treat-china-as-developed-country-to-stop-beijings-unfair-trade-practices/
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