Refunds on US$160 billion of tariffs are slowly flowing back to businesses. But they won’t restore lost customers or lost confidence in trading with the US.
- Professor of Law and Director of the UOW Transnational Law and Policy Centre, University of Wollongong
For the time being, European leaders are indicating a path of de-escalation – bordering on appeasement.
The world of liberalised trade that followed the end of the Cold War in 1990 is ending. This could be the United States’ Brexit moment.
Trump’s new tariff war with Canada and Mexico shows his willingness to weaponise trade in pursuit of unrelated political goals. Here’s why it matters globally.
Now that he has been re-elected as president, many of Donald Trump’s legal cases are likely to disappear, or at least be postponed until his term is over.
Having little legal success after the last election result, Trump and the Republican Party have learned a lesson: start sowing the seeds of electoral doubt early.
Meeting for the first time since 2017, the WTO’s highest decision-making body managed to agree on some things – including its first treaty with environmental protection as the objective.
Australia’s Prime Minister wants reform of the World Trade Organization to rein in China’s ‘economic coercion’. But it also needs to constructively engage with China on that reform.
Removing Trump from office in nine days is virtually impossible. Congress can impeach now and try him later, but this could distract from President-elect Joe Biden’s all-important first 100 days.
Yes, Trump doesn’t like to lose. But his obstruction of the presidential election result has another goal: galvanising his base for the Senate runoff elections in Georgia in January.
It might simply be because of all of Australia’s anti-dumping actions against China, or it might be an attempt to make Australia more malleable.
The World Trade Organization will lose its teeth from midnight. We are entering a world with unenforceable rules.
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