Hi from Washington DC, where Dominic Raab, the UK foreign secretary, arrives today on what might be an impossible mission, at least when it comes to trade, as we discuss in Person in the News below.
For the Office of the United States Trade Representative it’s been an odd week. It reversed its move to reimpose 10 per cent tariffs on Canadian aluminium — then it lost a big World Trade Organization case related to its China trade war, which is the subject of today’s column. Our chart of the day looks at updated forecasts for economic growth from the OECD.
If only Washington had better arguments
“This panel report confirms what the Trump Administration has been saying for four years: The WTO is completely inadequate to stop China’s harmful technology practices”. Did you hear that sound? It was Robert Lighthizer, the US trade representative, thundering about the latest bad news from Geneva, at least in his deeply WTO-sceptic, or shall we say phobic, mind.
On Tuesday a panel of the WTO’s dispute…