Amid growing trade tensions between the U.S. and China, criticism of the global trading system is also increasing. The World Trade Organization oversees the international trading commitments and has been hit with negative comments by the U.S. government over what it calls “unfair practices.”
So, European and Chinese officials met in Beijing to discuss reforming the WTO. Both sides have been hit with U.S. tariffs as the U.S. turns more toward protectionism and away from globalization.
CGTN’s Owen Fairclough reports.
To discuss reform of the World Trade Organization:
- Keith Rockwell is a spokesman for the WTO.
- John Gong is a professor of economics at the University of International Business and Economics in Beijing.
- Uri Dadush is a non-resident scholar at Bruegel.
- Simon Lester is associate director of the Cato Institute’s Center for Trade Policy Studies.
Many questions and comments about @WTO reform in Bali, with hopes that it could also help to ease tensions 1/4
— Roberto Azevêdo (@WTODGAZEVEDO) October 10, 2018
— WTO (@wto) October 10, 2018