World Trade Enters ‘Crisis Moment’ as US Shuts Down WTO Appeals Court
Loss of a global trade court of final appeals, Murphy said, is “really dangerous for American businesses.’’
Loss of a global trade court of final appeals, Murphy said, is “really dangerous for American businesses.’’
by Matthew Clark | Dec 10, 2019 | Markets, News
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The tariffs stem from a Chinese complaint filed nearly six years ago seeking over $7B in retaliation.
In 2018, trade grew by just 3% — far below the WTO's forecast for 3.9%, which had itself been downgraded.
China’s dispute alleges the U.S. tariffs violate the WTO’s most favored nation provision.
The real risk is how trade conflicts will weigh on businesses, consumer sentiment and spending around the world.
The U.S.'s main complaint is that China has not opened up its economy to foreign companies.
by Stock Investing Team | Sep 11, 2018 | Markets
The S&P 500 rose 11 points to 2,888; Dow Jones rose 114 points to 25,971; Nasdaq added 48 points to ...
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