WTO backs EU tariffs on $4 billion U.S. goods over Boeing subsidies: sources
“Sources on both sides said EU tariffs on products such as Boeing jets, which must still be adopted formally by the WTO, were unlikely to be imposed before the Nov. 3 presidential election as Brussels seeks to avoid inflaming a bitter campaign.”
China not close to meeting phase one trade deal agreements
“China imports of manufactured goods was supposed to come in at around $75 billion. It’s around $25 billion as of July.”
Trade shows signs of rebound from COVID-19
“Current data suggests a projected decline for the current year that is less severe than the 12.9% drop foreseen under the more optimistic of two scenarios outlined in the WTO's April trade forecast. Strong trade performance in June and July have brought some signs of optimism for overall trade growth in 2020.”
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