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#WTO

21 posts20 participants5 posts today

La portavoce del Min. degli Esteri russo, #Zakharova, ha criticato duramente #Trump, accusando gli #USA di ignorare le regole del #WTO, esprimendo preoccupazione per le ripercussioni sull'economia globale.

La più immediata ripercussione sulla #Russia, però, non è quella dei dazi, ma il calo del prezzo di #greggio e #gas, principale fonte di arricchimento per la Russia.

Tutto questo si tradurrà nell'immediato in minore capacità di spesa per la ..1/2

#USpol #EUpol #tariffs #WTO

Interesting which countries (including the EU as a bloc) agreed with #China on the US tariffs shitshow and who didn't:

"At WTO goods council today, China raised "reciprocal" tariffs in a long rant against the US. 20 members backed it up

EU, Switzerland (for Liechtenstein also), Norway, Kazakhstan, Russia, NZ, HK, UK, Australia, Brazil, Singapore, Korea, Philippines, Canada, Venezuela, Japan, Malaysia, Chad, Peru."

bsky.app/profile/fbermingham.b

Bluesky Social · Finbarr Bermingham (@fbermingham.bsky.social)At WTO goods council today, China raised "reciprocal" tariffs in a long rant against the US. 20 members backed it up EU, Switzerland (for Liechtenstein also), Norway, Kazakhstan, Russia, NZ, HK, UK, Australia, Brazil, Singapore, Korea, Philippines, Canada, Venezuela, Japan, Malaysia, Chad, Peru.
This latest trade war prompted me to revisit my notes as an #Indymedia correspondent at the 2001 WTO Ministerial in Doha, where I witnessed the launch of the Doha Round firsthand. It kicked off years of predatory negotiations that left many Global South countries (and billions of people) vulnerable to what we’re seeing now: abusive tariffs weaponized to extract even more from those with the least. I'll be publishing a full article in the next few days.

(Can’t believe it’s been 24 years already!)

#Trade #WTO #TradeWar #GlobalSouth #Tariffs #Neoliberalism

Brazil lên tiếng phản đối quyết định áp đặt thuế quan của Trump, cho rằng nó mâu thuẫn với quy tắc thương mại toàn cầu. Tổng thống Lula nhấn mạnh không ai có thể tự ý định hình các quy tắc cho thế giới. Thương mại tự do cần được bảo vệ hơn bao giờ hết! #ThươngMai #Brazil #Trump #WTO ift.tt/2Z0B8lG

Thế Giới Trong Tầm Tay - Thế giới của bạn, tin tức của bạn, cách bạn muốn · Brazil nói thuế quan của Trump sẽ không điều hướng thương mại toàn cầu - Thế Giới Trong Tầm Tay

"The big, long-term question: what does the global trading system look like? The thing to watch for is whether the kind of deals Vietnam and others are making with the US end up destroying the most-favoured-nation principle underlying the World Trade Organization by giving the US special treatment. I’m moderately optimistic on this one. Label these deals as preferential trade agreements (which is pretty dodgy under WTO rules, but there are plenty of weak PTAs about already), recognise that many won’t make much difference to US exports anyway and move on. It strikes me that, if anything, attachment to the multilateral system, particularly in open trading economies like the south-east Asian nations, has increased as a result of the US threatening it. If countries are looking for a framework of international trade law, the WTO provides it. Unfortunately, though, I don’t see much sign that India is going to stop playing its spoiler role and paralysing the negotiations part of the WTO (as the US tried with the dispute settlement system)."

ft.com/content/3a6c0561-0628-4

Financial Times · The dark days after the tariff apocalypseBy Alan Beattie
#USA#Trump#Tariffs

Pascal Lamy, former World Trade Organization head / also an ex-EU trade commissioner

« I think Mr #Trump learned to do business in the New York mafia-influenced real estate market and that his tactics are based on extortion – you hit and keep hitting for as long as you do not get a good price for stopping.(...) » #USpol #Trumpisme #WTO #Trade

theguardian.com/politics/2025/

The Guardian · Keir Starmer orders UK economic reset amid Donald Trump’s tariff mayhemBy Toby Helm
Continued thread

"None of these governments believes #Trump will keep his word. How could they? The man broke every commitment he ever touched.

The #Iran deal. The #Paris Agreement. #NATO cooperation. #WTO norms. Trade deals with #Mexico, #Canada, and #China. He walked away from each of them. Because #chaos creates attention, and attention is the only currency he respects."
theindex.media/trust-is-dead-t

No Globalization Without Representation: U.S. Activists and World Inequality
Paul Adler
University of Pennsylvania Press

"How consumer and environmental activists became significant players in U.S. and world politics

Amid the mass protests of the 1960s, another, less heralded political force arose: public interest progressivism. Led by activists like Ralph Nader, organizations of lawyers and experts worked "inside the system." They confronted corporate power and helped win major consumer and environmental protections. By the late 1970s, some public interest groups moved beyond U.S. borders to challenge multinational corporations. This happened at the same time that neoliberalism, a politics of empowerment for big business, gained strength in the U.S. and around the world.

No Globalization Without Representation is the story of how consumer and environmental activists became significant players in U.S. and world politics at the twentieth century's close. NGOs like Friends of the Earth and Public Citizen helped forge a progressive coalition that lobbied against the emerging neoliberal world order and in favor of what they called "fair globalization." From boycotting Nestlé in the 1970s to lobbying against NAFTA to the "Battle of Seattle" protests against the World Trade Organization in the 1990s, these groups have made a profound mark.

This book tells their stories while showing how public interest groups helped ensure that a version of liberalism willing to challenge corporate power did not vanish from U.S. politics. Public interest groups believed that preserving liberalism at home meant confronting attempts to perpetuate conservative policies through global economic rules. No Globalization Without Representation also illuminates how professionalized organizations became such a critical part of liberal activism..."

#Globalization #Activism #Inequality #Neoliberalism #AlternativeGlobalization #NAFTA #WTO

pennpress.org/9780812253177/no

University of Pennsylvania PressNo Globalization Without Representation – Penn PressHow consumer and environmental activists became significant players in U.S. and world politicsAmid the mass protests of the 1960s, another, less heralded pol...
Continued thread

#China announced the #RareEarth #minerals controls late on Friday as part of a broader package of #tariffs & company restrictions in #retaliation for #Trump's decision to hike tariffs against most Chinese products to 54%.

China announced additional tariffs of 34% on #US goods.

It added 11 entities to the "unreliable entity" list.

And it filed a complaint at the World Trade Organization #WTO.

#Trump #economy #geopolitics #inflation #recession #trumpcession #ETTTTS
reuters.com/markets/europe/eur

Continued thread

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~WTO staff comfort themselves that the Trump admin has not so far said it will leave the trade body.

‘It can survive this if the non-U.S. WTO members agree to remain committed to the obligations they've made, and decide they can run the system without the U.S’

(Note: The US has been WTO’s largest financial contributor. Trump crippled the WTO his first term when he blocked judge appointments to its top appeals court.)

#trump#USA#WTO

Trumpin tullipolitiikka vie Yhdysvallat 1800-luvulle ja haittaa sen omia etuja, sanoo talousprofessori

Viimeksi vastaava kauppasota oli 1930-luvulla, sanoo taloushistorian professori. Silloin tullit pahensivat globaalia talouskriisiä.

yle.fi/a/74-20153699

Yle Uutiset · Trumpin tullipolitiikka vie Yhdysvallat 1800-luvulle ja haittaa sen omia etuja, sanoo talousprofessoriViimeksi vastaava kauppasota oli 1930-luvulla, sanoo taloushistorian professori. Silloin tullit pahensivat globaalia talouskriisiä.