The days of the World Trade Organization's top court appear to be numbered as the United States continues its policy of blocking the appointment of new judges.
The World Trade Organization is facing a major crisis as its appellate body loses its ability to rule on new dispute cases. The US has been blocking the appointment of new judges to protest the way the WTO does business.
Brussels might soon be able to bypass the US-crippled WTO to impose punitive tariffs on trade partners. The EU cannot afford to be "defenseless", said the bloc's trade commissioner Phil Hogan.
The US president should be blamed for many of the problems plaguing the global economy, but the current crisis is not one of them. He is simply treading the path of his illustrious predecessor, says DW's Ashutosh Pandey.
The World Trade Organization is facing the biggest crisis in its 25-year history. The US has blocked the hiring of judges to the WTO's appeals body — which rules in trade disputes — to the point where just one remains.
© 2020 Deutsche Welle |
Legal notice |
| Mobile version