Background

Concerns on China go beyond trade promises, Tai says

“U.S. Trade Representative Katherine Tai said that the administration ‘sooner rather than later’ will finish its current first step of engagement with China, which includes discussion of the so-called phase-one deal from January 2020. Some parts of the agreement are set to expire at the end of this year.”

[Bloomberg]

U.S. trade chief says WTO needs infusion of energy, vision

“Tai said it was unclear how or whether the Appellate Body would fit into a redesign of the dispute settlement system, but members needed to ‘be honest’ and articulate what they want it to achieve.”

[Reuters]

WTO says goods trade slowing due to supply issues, cooler demand

“The Geneva-based trade body said supply shocks, including port gridlock arising from surging import demand in the first half of the year and disrupted production of goods such as automobiles and semiconductors, had contributed to the decline. Demand for traded goods was also easing, indicated by falling export orders.”

[Reuters]

Green shipping corridors to come out of COP26

“Green corridors would connect two or more major port hubs where zero-emissions solutions and fuels have been demonstrated and supported. The ports and routes will be chosen based on the potential to scale and accelerate zero-emissions shipping.”

[FreightWaves]

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