Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. The agreement, adopted Friday (July 26), is the first-ever set of global digital trade rules endorsed by the WTO. It calls for a prohibition on customs duties on electronic transactions...
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination...
A surge in trade volumes that started in 2020 is bottoming out due to multiple economic factors that include weakened household demand, higher interest rates and an uptick in energy costs. Exports and imports are anticipated to increase just 1% next year, down from a...
The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from pursuing recourse in foreign courts to defend their own patents. “It is part of a global power grab by the...
July 28, 2024
Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. The agreement, adopted Friday (July 26), is the first-ever set of global digital trade rules endorsed by the WTO. It calls for a prohibition on customs duties on electronic transactions and also includes rules for the recognition of e-signatures and […]
August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of...
October 05, 2022
A surge in trade volumes that started in 2020 is bottoming out due to multiple economic factors that include weakened household demand, higher interest rates and an uptick in energy...
February 18, 2022
The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from pursuing recourse in foreign courts...
