Illustration: Craig Stephens
Opinion
Opinion
If Trump’s interest in the US-China trade war is flagging and a deal is near, what will the future look like?
- The US president, preoccupied by domestic politics, and China, determined to persist in its deleveraging campaign, both seem ready for a trade-war truce
- While fears of deglobalisation and global decoupling are overblown, the US may still divert trade away from China, at a cost to American consumers
Illustration: Craig Stephens
The World Trade Organisation Appellate Body typically has seven people but needs a minimum of three judges to hear cases and issue rulings, but the tenures of two of the three current members will expire on December 10. Illustration: Kuen Lau
Donald Trump’s block on WTO judges creates ‘doomsday scenario’ for world trade disputes
- The World Trade Organisation’s appeals body will be paralysed in December with US President Donald Trump blocking crucial reappointments of judges
- Analysts say this may mean international trade disputes may never see resolution, leading to ‘chaos’ and damage to global trade
Topic |
World Trade Organisation (WTO)
The World Trade Organisation Appellate Body typically has seven people but needs a minimum of three judges to hear cases and issue rulings, but the tenures of two of the three current members will expire on December 10. Illustration: Kuen Lau