the g20 has agreed commitments to tackle overcapacity in steel, and the world trade organisation has launching coloroll actual discussions on digital trade. as we leave the european union, the uk will continue to be a global advocate of free trade, pushing for progress on wto discussions, seeking to bring new partners to the table, and of course, after we have left the eu, developing new electoral deals with countries across the world. —— new bilateral deals. but there is much more to be done by the whole international community, and frankly too often our rhetoric in support of free trade here in davos is not matched by our actions. the commitments on steel must be implemented. like the uk, other big aid donors should support developing countries to ensure they can harness the benefits of global growth. and the benefits of global growth. and the world trade organisation still needs to go much further in its reforms, ensuring its rule book keeps pace with developments in the global economy. for example, services made up 6a% of global gdp, yet, while some recent trade negotiations are a

what canada has done is taken all of its complaints to the world trade organisation. ing about some of the measures the united states has been taken in some of these decisions has been unfair and they have not been in line with what the world trade organisation has already listed as ways to really resolve these kinds of disputes. listed as ways to really resolve these kinds of disputeslj listed as ways to really resolve these kinds of disputes. i saw you wa nted these kinds of disputes. i saw you wanted to talk about this. aren‘t they talking about nafta in a couple of weeks? the timing of this is really interesting, batty or three weeks we will see that canada, the united states and mexico will be meeting in montreal canada to be discussing nafta and the real negotiation of nafta. these re—negotiation processes have not been going very well. there has really been no big conclusions coming out of it. that has lots of people worried about the future of this trade agreement. in fa ct future of this trade agreement. in fact there are some media organisations that are repo

by the news website buzzfeed. or world trade organisation rules. a route taken by countries includingway. and claimed the leak had been used to damage the case for brexit. preliminary analysis. it is an attempt to undermine our exit from the european union. brexiteers argued don't believe long—term forecasts. immediate recession if we chose to leave. 5%. both were made to look extremely foolish. they felt that brexit wasn't working. political embarrassment. this is a cover—up, mr speaker, pure and simple. and it stinks. of conservative rebels. over these documents, in confidence if necessary. but we need to be able to do ourjob here. bridging the way to brexit. for weeks, months to come. no one knows how brexit will turn out. the plan by the government is still a work in progress. negotiations have barely begun. organised campaign. on with what they see as a lack of direction much longer. i am told some party donors are feeling just as unhappy. a new crisis and the wheels could come off mrs may's leadership. brexit unravelling. bad results in may's local elections. tonight she is head

the uk trades and world trade organisation rules. organisation rules. membership and 2% lower if we stayin the single market. in the single market. leak had been used to damage the case for brexit. case for brexit. interpretation of a preliminary analysis. analysis. brexiteers argued that don't believe long—term forecasts. don't believe long—term forecasts. immediate recession if we chose to leave. the economy would contract. both were made to look extremely foolish. foolish. they thought brexit was not worth it. it. government from political embarrassment. embarrassment. this is a cover-up, mr speaker, pure and simple. and it stinks. stinks. that brexit had been a drag on business. business. greater certainty, it is not growing to that extent. to that extent. lords peers have begun to debate the bill bridging the way to brexit. bill bridging the way to brexit. struggle for weeks and months to come. come. theresa may and her government to show them that they are on her side. show them that they are on her side. of opportunity people can climb to the very top. the very top. no one knows h

canada has filed a wide—ranging complaint against the us at the world trade organisation, accusing itnternational trade rules. the us has called the claims unfounded. it comes amid a rash of disputes between the neighbours over trade in goods, from aircraft to dairy products and wood, not to mention fears for the future of the north america free trade agreement, as samira hussain in new york explains. the timing of this is really interesting, because in about two or three weeks we are going to see that canada, the united states and mexico are going to be meeting in montreal, canada, to be discussing nafta and the renegotiation of nafta. but you know, these renegotiation processes have not been going very well, and there has been really no big conclusions coming out of it. and that has a lot of people worried about the future of this trade agreement. in fact, there are some media organisations that are reporting that they are worried that the united states is going to just walk away from nafta altogether. and even the head of one of canada's largest banks, the royal bank of canada, has

another avenue they could take is to go to the world trade organisation, an international body lookingake turn and a u—turn. we are now hearing that the us trade commission has blocked the 300% ta riffs commission has blocked the 300% tariffs on bombardier c series planes and the international trade commission has voted 4—14 bombardier. let's explore that instead. well, that is a bit of a surprise as many people really believed that bombardier was going to lose in this case. that is interesting. even more interesting is the fact we see that they voted 4-1. it is is the fact we see that they voted 4—1. it is perhaps an indication that the members of this voting committee thought the 300% tariff was really quite a hefty price to pay because it would essentially be cutting bombardier completely out of the us market. it would have a severe impact in terms ofjobs, not only in canada, but also in the united states and also in belfast. indeed. thank you very much. shall i recap? i will tell you where i got it from. reuters are saying, i believe it is reuters, that the us international trade c

international 6—7 summit, to the 620 summit to the un general assembly, took a peg, to the world trade organisationconomic forum, my administration has not only been but has been driving error message that we are all stronger when free. sovereign nations cooperate toward shared goals and they cooperate towards shared dreams. represented in this room are some of the remarkable citizens from all over the world. you were national leaders, business titans, industry giants and many of the brightest minds in many fields. each of you has the power to change hearts, transform lives and shape your country's destiny is. with this power comes an obligation, however. a duty of loyalty to the people, workers, customers, who have made you who you are. so together let us resolve to use our power, our resources and other voices notjust for ourselves but for our people. to lift their burdens, to raise their hopes and empower their dreams. to protect theirfamilies, hopes and empower their dreams. to protect their families, communities, histories and futures. that is what doing in america. and the results are totally

they could take it to the world trade organisation. he nafta tribunal. those are the trade mechanisms that have been put in place by the north american free trade agreement. but those dispute resolution mechanisms are actually something that president trump wants to get rid of altogether. thank you. now, we are being told we are 30 seconds closer to the end of the world. this message is coming courtesy of the doomsday clock. here it is — it's a symbol designed to give an assessment of how unstable the world is — the closer it gets to midnight, the worse things are. it's run by a team of science leaders, and now they've moved us to two minutes to midnight. they say the world is a more dangerous place because of nuclear concerns and because of how world leaders are handling the crisis — that's a reference to trump and kimjong un. the last time the clock was so close to midnight was in 1953 — that's when the us and soviet union were testing hydrogen bombs. here are two of the scientists. in 2017, we moved the clock from three to two and a

and, of course, there was brexit — and criticism of the world trade organisation.ean union, the uk will continue to be a global advocate of free trade, pushing for progress on wto discussions, seeking to bring new partners to the table and of course, after we have left the eu, developing new bilateral deals with countries across the world. but there is much more to be done by the whole international community, and frankly, too often, our rhetoric in support of free trade here in davos is not matched by our actions. the commitments on steel must be implemented. like the uk, other big aid donors should support developing countries to ensure they can harness the benefits of global growth. and the world trade organisation still needs to go much further in its reforms, ensuring its rule book keeps pace with developments in the global economy. for example, services made up 64% of global gdp, yet while some recent trade negotiations are achieving more ambitious outcomes on services, the trade in services agreement remains stalled. and while the likes of ebay, amazon and a

six months we were given notice by china through the world trade organisation that a com plete world d vietnam and indonesia. it's not just such asthma lace ya and vietnam and indonesia. it's notjust the uk that the ban applies to. it applies to the ban applies to. it applies to the western world, the us, the west coast of the united states. we are all looking at the same alternative markets. those markets at the moment are not there. we are all fairly obsessed with recycling. are you saying the uk can't develop with it? yes. that has developed over the last two decades. something like 50% of all the paper that we collect, we collect 8 million tonnes a year, cardboard, food packaging, newspapers, magazines, office papers etc, 50% of that has been sent to china. approaching 50% of our plastics has gone to china. it does go to china. china actually supplies the goods and the cardboard in the fist place, the television and electrical goods we buy come in cardboard boxes we sent it back on what would have been empty vessels — a lot of people say it's madness? it's not the ships that go ba

free trade agreement similar to that between the eu and canada, and third, reverting the world trade organisationat none of these options are as good as staying within the european union. all economy would take a hit and all of them. however, the least damaging option by far is staying in the single market. let the outline as briefly as possible, with apologies for the flurry of statistics you are about to receive. the key locations for our economy by 2030 of each of these options compared to what the situation would be if we stayed in the eu. under the so—called no deal option, a wto —based relationship, ourgdp option, a wto —based relationship, our gdp would be 8.5% lower by 2030 thanif our gdp would be 8.5% lower by 2030 than if we were to remain in the eu. that is equivalent to £12.7 billion. £2300 for every person in scotland. under this option, real disposable income would also be 9.6% lower and business investment 10.2% lower. under the option of a free trade agreement, gdp would bejust under the option of a free trade agreement, gdp would be just over 6% lower, equivalent to 9 billion, £1

a preferentialfree trade canada style agreement and the so—called hard brexit under world trade organisationat none of these options are as good as staying in eu. our economy will take a hit under all of them. however least damaging option by far is staying in the single market. these are just projections but they are these are just projections but they a re pretty these are just projections but they are pretty detailed. this analysis suggest that staying in the single market would cost every single person here in scotland £700, free trade agreement would cost every person in scotland £1600 while no deal at all with cost every single person £2300 by the year 2030. interestingly nicola sturgeon also talks about being in favour very strongly, in favour of the free movement of people. she says that is absolutely essential for scotland going forward. she calls this the greatest national challenge and she said it is a duty to make the case the free movement because all projected population scenarios for scotla nd projected population scenarios for scotland say that without migration, the populati

and china and south korea have said they are contemplating taking their complaints to the world trade organisation consumers and workers in america welcomed the move? this is something that donald trump campaign on, saying the us has beenin trump campaign on, saying the us has been in trade deals that have not worked out for american workers, so this protectionist idea is something that a lot of people who voted for him would welcome. that said, there are worries about how this will impact the worker versus the consumer, and of questions about whether it will make solar panels and washing machines are a lot more expensive for consumers, so perhaps it will make it better off for the worker but there is an impact on the consumer. part of president trump's america first policy is this attempt to protect us manufacturing. is there any evidence that putting the5e tariffs on these goods will achieve that? these tariffs were presented as at the request of individual companies who manufactured solar panels and washing machines who lobbied the white house to get these kinds of tariffs put in place, so the

and been published by the news site, but as feed —— buzzfeed. the uk trades and world trade organisation membership and 2% lower if we stay in the single market. that is a route taken by countries including norway. case for brexit. interpretation of a preliminary analysis. it is an attempt to undermine our exodus from the european union. exodus from the european union. —— allow union from. brexiteers argued that don't believe long—term forecasts. immediate recession if we chose to leave. the economy would contract. both were made to look extremely foolish. critics on both sides wanted to see the report. they thought brexit was not working. embarrassment. this is a cover—up, mr speaker, pure and simple. and it stinks. that brexit had been a drag on business. to that extent. bill bridging the way to brexit. for weeks and months to come. and her government to show them that they are on her side. the very top. no—one knows how brexit will turn out. progress. negotiations have barely begun. any new leader would have the same problems. and anyway, there is no rival organised campaign. they can