Jim Carr said the EU’s plan to set up a proxy version of the WTO’s Appellate Body has merit and deserves further examination. The EU wants to set up an alternative arbitration process that would essentially mirror the function of the Appellate Body. The United States is blocking appointments to fill vacancies at the Appellate Body, which is an appeal court of sorts for the WTO’s Dispute Settlement Body. The two groups deal with international complaints about trade policies, such as tariffs and domestic content requirements. In the same breath, Trump railed against the WTO, blaming it for everything he sees wrong with the global trade landscape.

Source: thestar June 03, 2019 21:11 UTC