World Trade Organization members launched talks Wednesday on how to govern global digital commerce, for the first time tackling 21st century trade issues that have sparked intense rivalry among the U.S., Europe and China. The negotiations face hurdles from the outset, coming against a backdrop of international trade tensions that have crimped global economic growth since early last year. Meanwhile, the WTO is under pressure to reform from Washington, which is dubious about the body’s effectiveness.

Source: Wall Street Journal March 06, 2019 13:07 UTC