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November 21, 2024
 

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WTO

Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies.
COMMENTARY / World
Apr 5, 2024
Why have developing countries soured on multilateralism?
The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.
The United States has abandoned its long-standing demand for World Trade Organization provisions to protect cross-border data flows.
COMMENTARY / World
Mar 25, 2024
The U.S. is jeopardizing the open internet
The U.S. has changed its stance at the WTO on cross-border data flows, a move that could seriously harm the open internet that so many benefit from.
Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala addresses the 13th WTO Ministerial Conference in Abu Dhabi on Monday.
BUSINESS / Markets
Feb 26, 2024
WTO seeks modest outcome in UAE at 'critical juncture' for global trade
The stated goals is to set new global commerce rules, but even its ambitious chief Ngozi Okonjo-Iweala sought to curb expectations.
U.S. President Joe Biden announces new provisions in March 2022 requiring the government to buy more made-in-America goods.
COMMENTARY / World
Feb 26, 2024
Biden doesn’t get why we need the WTO
What do Biden and Trump have in common? Protectionism. As a result, the 13th WTO ministerial conference underway in Abu Dhabi is doomed to fail.
Laws governing global e-commerce and the growing tidal wave of data that crosses borders may soon change.
BUSINESS / Companies
Feb 22, 2024
Streaming a movie abroad may soon come with taxes at the border
It's still unclear exactly how governments would implement digital tariffs.
Given that developing countries’ domestic markets are much smaller than that of the U.S., liberal trade policies play a larger role in driving their economic growth.
COMMENTARY / World
Jan 31, 2024
Developing countries should reject American-style protectionism
America’s current industrial policy poses an existential threat to the multilateral trading system it worked so hard to build
India's exports represent about 40% of rice's global trade. New Delhi has banned or taxed rice and wheat exports to counter domestic food inflation.
COMMENTARY / World
Nov 14, 2023
India pushes the world toward another rice crisis
Spooked by volatile foodgrain prices ahead of a general election next year, India’s government has banned or taxed rice and wheat exports.
Tomochika Uyama, a senior official of the World Trade Organization, during an interview in Osaka on Sunday
BUSINESS / Economy
Oct 31, 2023
WTO's Tomochika Uyama eager to restore dispute settlement system
The senior adviser to the body's director-general cited momentum following a two-day meeting of Group of Seven trade ministers in Osaka.
As G7 leaders pledge to combat economic coercion with an eye on China, this could be counterproductive and end up hurting global trade.
COMMENTARY / World
Oct 23, 2023
The G7's anti-coercion campaign against China could backfire
When G7 trade representatives convene in Osaka starting Saturday, Chinese “economic coercion” is expected to be high on the agenda.
The World Trade Organization logo in Geneva
WORLD / Politics
Oct 3, 2023
At WTO, disregard for trade rules shows world is fragmenting
The WTO has warned a "polycrisis" of pandemic, war in Ukraine and inflation is sapping faith in globalization.
U.S. Ambassador to Japan Rahm Emanuel after eating fish during his visit to Soma, Fukushima Prefecture, on Thursday
JAPAN / Politics
Aug 31, 2023
U.S. ambassador to Japan visits Fukushima in show of support
Japan has sought an immediate end to the ban and threatened to resolve the matter through the WTO framework.
Japan Times
COMMENTARY / World
May 8, 2023
Are we sleepwalking into a prolonged global recession?
The current wave of interest-rate hikes has slowed inflation but also popped several asset bubbles, potentially triggering additional debt and financial crises.
Japan Times
BUSINESS / Economy
Dec 10, 2022
WTO says Trump’s metals tariffs broke rules as U.S. rejects findings
The 25% tariffs on global steel imports and 10% import taxes on global aluminum violated basic WTO rules, a dispute-settlement panel said.
Japan Times
COMMENTARY / World
Jul 26, 2022
A world in crisis needs both trade and aid
Creating a more sustainable, inclusive and connected future is the moon shot of our times.
Japan Times
COMMENTARY / World
Jun 29, 2022
The death of the WTO has only been delayed
For the organization to recover its relevance, China and the U.S. both need to make more serious compromises.
Japan Times
BUSINESS / ANALYSIS
Jun 3, 2022
WTO seeks fish and vaccine deals as war ignites trade tensions
It is not yet clear if a vaccine compromise forged by India, South Africa, the EU and the United States will transform into a full agreement.
Japan Times
JAPAN
Mar 16, 2022
Japan to revoke Russia's most favored nation trade status
The U.S., EU and U.K. have announced similar moves following a G7 leaders' statement describing actions to deny the preferred trade status to Moscow.
Japan Times
WORLD
Jan 29, 2022
Senior U.S. official to visit Lithuania in show of support over Chinese 'coercion'
U.S. Under Secretary for Economic Growth, Energy and the Environment Jose Fernandez will visit Vilnius and Brussels to discuss efforts to counter economic 'coercion.'
Japan Times
COMMENTARY / World
Jan 13, 2022
Beijing becomes a rising star in the global rule-maker race
In the coming decades, the biggest global threat will not be China the rule-breaker, but China the rule-maker.
Japan Times
COMMENTARY / World
Nov 30, 2021
Omicron is the price we pay for vaccine inequality
Amsterdam's main airport went into lockdown recently after 61 passengers on two flights from southern Africa tested positive for the new virus. Japan, Hong Kong and Israel have also reported cases.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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