https://www.taxtmi.com/news?id=43517 Global free trade is in crisis owing to unilateral tariff measures and protectionist policies that disrupt commerce; the WTO director-general urged Japan to champion the multilateral trading system and called on member countries to unite to restore the organisation's capacity to manage trade disputes and policy frictions. The notice highlights the WTO's historical role in trade liberalisation and supply chain development, references a temporary easing of US-China tariffs to allow negotiations, and records planned meetings to strengthen cooperation between Japan and the WTO to maintain and reform multilateral trade governance. en-us Tue, 13 May 2025 10:31:02 +0530 Tue, 13 May 2025 10:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43517 Global free trade is in crisis owing to unilateral tariff measures and protectionist policies that disrupt commerce; the WTO director-general urged Japan to champion the multilateral trading system and called on member countries to unite to restore the organisation's capacity to manage trade disputes and policy frictions. The notice highlights the WTO's historical role in trade liberalisation and supply chain development, references a temporary easing of US-China tariffs to allow negotiations, and records planned meetings to strengthen cooperation between Japan and the WTO to maintain and reform multilateral trade governance. News - Tue, 13 May 2025 10:31:02 +0530 https://www.taxtmi.com/news?id=43517