Illustration: Craig Stephens
Stephen Roach
Opinion

Opinion

Stephen Roach

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

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Illustration: Craig Stephens
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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)

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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
READ FULL ARTICLE