The US plans to bring a case to the WTO arguing that China is favoring domestic companies for licensing. China has been a big target for cases brought by the US, Japan and the EU, and the US hopes to sign up allies for its planned WTO action.
The EU wants to change WTO rules to permit swifter action against dumping and subsidies. The WTO was founded in 1995 as successor to the General Agreement on Tariffs and Trade, forged in 1948. In 2001, the year China joined, members launched talks to update and rewrite global trade rules but those efforts died a decade ago.
Since then, members have cut side deals to open markets. The EU, a vocal champion of free trade and the WTO, has struck or is seeking deals to liberalize trade with Canada, Japan, Mexico, Australia and Singapore. Such bilateral deals are allowed under WTO rules if they are deemed complementary to the multilateral trading system, cover substantially all trade and facilitate the freer commercial flows without raising barriers to non-parties.
US allies say a bigger problem for WTO is that China has taken advantage of the body’s rules to promote itself at the expense of other members. The Geneva-based body was designed before the rise of Chinese state-backed capitalism.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Spykar accelerates offline expansion: plans 100 new stores across India
A titan of the Indian denim-first fashion scene, Spykar has officially unveiled an aggressive retail growth strategy. As consumer demand... Read more
The Inventory Illusion: Rethinking the Zara benchmark in a volatile retail era
For over a decade, the global fashion industry has treated the Zara playbook as the gold standard of inventory efficiency.... Read more
Retail Without Retail: How Walmart’s depot network is turning space into logisti…
Walmart is fundamentally rewriting the commercial real estate and retail logistics playbook with the rise of its ‘Walmart Depots’ a... Read more
Global textile regulation tightens, forcing realignment across fashion supply ch…
Global fashion and consumer goods supply chains are entering a decisive regulatory transition as Extended Producer Responsibility (EPR) frameworks for... Read more
Luxury’s new power axis, US dominance, China reset, Gulf surge
As the post-China luxury order takes shape, the US is emerging as the industry’s most dependable growth engine, while Japan,... Read more
India’s $9 Billion Landfill Blind Spot How trashed clothes hold the key to globa…
A massive economic windfall is sitting uncollected in India’s landfills, and the key to unlocking it lies in rethinking how... Read more
Red Sea crisis reshapes textile trade routes, challenges India’s export margins,…
Global apparel trade is now in a new operational phase where geopolitical stability and logistics reliability are as important as... Read more
EU’s textile waste rules enter enforcement phase, raising alarms across fashion …
Europe’s apparel and textile industry is approaching one of its most significant regulatory transitions in decades. As the European Union... Read more
Corporate fashion adopts reverse logistics to unlock the $367 bn resale market
Global fashion retailers are rapidly changing their business models around resale, repair, and textile recovery as the secondhand apparel market... Read more
Tariff Shock 2026: Forced-labor enforcement is repricing global fashion trade
Washington’s latest trade intervention signals a break in the global apparel sourcing patterns. The Office of the United States Trade... Read more












