Green Protectionism: Undermining Our Global Sustainability Goals
Green protectionism poses a significant threat to global sustainability efforts by imposing tariffs on green products and widening the gap between developed and developing economies.
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Green protectionism poses a significant threat to global sustainability efforts by imposing tariffs on green products and widening the gap between developed and developing economies.
China plans to file a complaint with the World Trade Organization against the EU’s anti-subsidy measures targeting Chinese electric vehicles, aiming to protect its EV industry.
US counter-multilateral trade policies under Biden and Trump pose significant risks to the global trade system and economic stability.
China rejects the EU’s new tariffs on Chinese electric vehicles, calling them protectionist. In response, China has filed a lawsuit with the WTO and vows to defend its EV sector.
China has voiced strong opposition to the EU’s new tariffs on Chinese-made electric vehicles, labeling the move as protectionist and irrational. Both sides are now in talks to resolve the trade dispute.
The WTO forecasts a 2.7% increase in global goods trade for 2024, up from an earlier 2.6%, indicating a positive trend in international commerce.
China has imposed WTO-compliant anti-dumping measures on EU brandy imports in response to recent EU tariffs on Chinese electric vehicles, escalating trade tensions between the two economic giants.
China has requested WTO consultations with TĂĽrkiye over the country’s new 40% tariffs on imported electric vehicles, calling the move discriminatory and protectionist.
Amid rising protectionism, leaders discuss whether global trade can thrive without true globalization. Insights from Chinese Commerce Minister and WTO Director-General.
WTO Director-General Ngozi Okonjo-Iweala emphasizes the dangers of unilateralism and praises China’s support for a multilateral trading system in a recent exclusive interview.