World Trade Organization

WTO Says U.S. Tax Law Skirts Global Rules

WTO Says U.S. Tax Law Skirts Global Rules Trade: Group sides with European Union, saying provision illegally subsidizes multinationals. Billions of dollars are at stake. By JONATHAN PETERSON, Los Angeles Times Staff Writer

WTO rejects U.S. appeal on trade tax breaks

WTO rejects U.S. appeal on trade tax breaks By Curt Anderson Associated Press WASHINGTON (AP) -- Billions of dollars in tax breaks for U.S. exports have been ruled an illegal subsidy by the World Trade Organization, but the issue is far from settled.

WTO Protesters Eye the Capital

By REBECCA SINDERBRAND Associated Press Writer WASHINGTON (AP) - Many of the same activists who protested World Trade Organization talks in Seattle last year have picked a new venue for mass demonstrations - this time, within shouting distance of the White House.

WTO ruling on US export subsidies favours the European Union

Today, the WTO Appellate Body confirmed that US subsidies to exports (via the Foreign Sales Corporation (FSC) scheme) breach WTO rules. FSC subsidies assist US exports worth around $250 billion, giving US companies an unfair advantage and creating major distortions of international trade. The US budgetary cost of the subsidy is around $3.5 billion each year.

WTO Upholds Ruling Striking Down U.S. Foreign Sales Corporation Scheme

Bureau of National Affairs The World Trade Organization will issue an appeal decision Feb. 24 upholding an earlier dispute panel ruling that concluded tax breaks offered to U.S. foreign sales corporations (FSCs) constitute an illegal export subsidy under multilateral trading rules, BNA has learned.

China""s Slow Response to Ag Agreement Draws Scrutiny

Outside Influences Chinese leaders are failing to follow through on a major agricultural trade agreement--a critical misstep that could hamper efforts to convince Congress to grant China permanent normal trading relations status, according to top lobbyists working the issue. By not making new food purchases and by being slow to finalize agreements with individual U.S.

U.S. Loses Dispute on Export Sales

New York Times | By JOSEPH KAHN | February 23, 2000 WASHINGTON - The United States has suffered its largest defeat ever in a trade battle, losing a dispute with Europe about tax policies in a ruling that deals a blow to trans-Atlantic relations and could force American companies to pay billions of dollars more in taxes each year.

Recordings Show Seattle Police Overmatched During WTO Mtg

The Wall Street Journal SEATTLE (AP)--The World Trade Organization meeting three months ago touched off an urban war the Seattle Police Department may have lost before it even began.

EU Says Still Gaps in WTO Talks With China

By Paul Eckert BEIJING (Reuters) - The European Union and China remained far apart in talks in Beijing aimed at hammering out a deal to bring China into the World Trade Organization, an EU source said on Tuesday.

China, EU Resume Talks to Clear WTO Obstacles

BEIJING (Reuters) - Chinese and European Union trade officials went into a second day of market-opening talks on Tuesday in a bid to surmount the biggest remaining obstacle to China's membership in the World Trade Organization.