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Feb 25, 2024
02/24
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that's exactly the reason why the wto is even more relevant than before. indeed we see geopolitical tensions, we see risks of economic fragmentation, so we need to preserve rules —based, multilateral trading system and that's what the wto is all about. it's actually most favoured nation principle which is very much behind resilience of global trade despite geopolitical tensions we are facing right now. but that said, there is a lot of people saying the differences between the countries are just too big and varied for much to be achieved at this meeting. if you could walk away with one thing that you wanted, what would that be and why? if everyone is willing to be constructive and take a step towards each other, it is possible to achieve a positive result and this is desperate as we are entering this ministerial from the eu side. this point of wt0 reform is important and the function of the dispute settlement system, because global rules are only as effective as they are effectively enforced. but since there are other important deliverables in all the world
that's exactly the reason why the wto is even more relevant than before. indeed we see geopolitical tensions, we see risks of economic fragmentation, so we need to preserve rules —based, multilateral trading system and that's what the wto is all about. it's actually most favoured nation principle which is very much behind resilience of global trade despite geopolitical tensions we are facing right now. but that said, there is a lot of people saying the differences between the countries are...
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Feb 26, 2024
02/24
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the wto was set — wto do about any of this? the wto was set up _ wto do about any of this?in _ wto do about any of this? tue wto was set up in the wto do about any of this? tte wto was set up in the 905 wto do about any of this? ttj: wto was set up in the 905 to be wto was set up in the 90s to be that place where trade negotiations and conversations, and the importance of world trade, could be promoted. there are so many disagreements. we have the backdrop of war and conflict. the supply chain issues are really important, because what's happening is we are beginning to see negotiations outside of the world trade organization. all the trade negotiations have supply chain resilience, critical supply chain acuity in them if you look at the us and them if you look at the us and the eu or the atlantic declaration between the us and the uk, they are all about supply chain resilience, not about free trade any more. this is what the wto need to capture, this is ground the wto need to come back and say, look, we are better off if we play nicely with each other. also as we heard, the
the wto was set — wto do about any of this? the wto was set up _ wto do about any of this?in _ wto do about any of this? tue wto was set up in the wto do about any of this? tte wto was set up in the 905 wto do about any of this? ttj: wto was set up in the 905 to be wto was set up in the 90s to be that place where trade negotiations and conversations, and the importance of world trade, could be promoted. there are so many disagreements. we have the backdrop of war and conflict. the supply...
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Feb 18, 2024
02/24
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in within the rule of the wto what is blessed by wto our trade remedies and trade defense and the use of tariffs to counterbalance unfair trade like dumping an illegal subsidizatio subsidization. but it also want to reflect is that trade policy and economic policy isn't just tariffs. and this is something want to distinct on behalf of the biden administration because we are focused on reinvigorating the american middle class and the american economy, ensuring that there is more opportunity in our economy, that we can address an increasing sense of economic insecurity that americans, especially younger americans, have been feeling over the past ten, 20 years. right? and that what we have done is to deploy a set of tools. you're right that we have kept a lot of the tariffs because we see strategic value in those tariffs in this exercise the building of the middle class and reinvigorating american manufacturing and the american economy. but we haven't stopped there, right? trade and tariffs are not the only tools you'll need to accomplish those goals. i like to highlight one of the pilla
in within the rule of the wto what is blessed by wto our trade remedies and trade defense and the use of tariffs to counterbalance unfair trade like dumping an illegal subsidizatio subsidization. but it also want to reflect is that trade policy and economic policy isn't just tariffs. and this is something want to distinct on behalf of the biden administration because we are focused on reinvigorating the american middle class and the american economy, ensuring that there is more opportunity in...
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Feb 26, 2024
02/24
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BLOOMBERG
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or you work outside of the wto.t is easier and governments particularly seem to like that in asia because you can get things done very quickly. but the net result is we end up with more fragmentation. if you are a company and especially a small company, for you to deal with a patchwork of rules is harder and harder. and the more that the wto remains stuck, the more we have limited consensus on global rules, the default becomes regional rules or bilateral rules and that gets more and more obligated for business. haidi: always great having you with us. deborah elms head of trade policy at the heinrich foundation. let's get back to that breaking news that we had a few minutes ago. bloomberg has learned jack ma's ant group has outbid citadel for credit suisse's venture in china. let's get more from lulu chen. we know that pre-everything, and wanted to build a security business. is this where it is coming from? it is quite a surprise. lulu: bloomberg has learned that jack ma-backed ant group has outbid citadel securities
or you work outside of the wto.t is easier and governments particularly seem to like that in asia because you can get things done very quickly. but the net result is we end up with more fragmentation. if you are a company and especially a small company, for you to deal with a patchwork of rules is harder and harder. and the more that the wto remains stuck, the more we have limited consensus on global rules, the default becomes regional rules or bilateral rules and that gets more and more...
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Feb 24, 2024
02/24
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that's. exactly the reason why the wto about power than rules.s - exactly the reason why the wto is even more relevant than before. because indeed we see geopolitical tensions, we see risks of economic fragmentation, so we need to preserve rules —based, multilateral trading system and that's what the wto is all about. it's actually most favoured nation principle which is very much behind resilience of global trade despite geopolitical tensions we are facing right now. but that said, there is a lot of people saying the differences between the countries are just too big and varied for much to be achieved at this meeting. if you could walk away with one thing that you wanted, what would that be and why? iii you wanted, what would that be and wh ? , ., , ., , why? if everyone is willing to be constructive _ why? if everyone is willing to be constructive and _ why? if everyone is willing to be constructive and take _ why? if everyone is willing to be constructive and take a - why? if everyone is willing to be constructive and take a step - why? if eve
that's. exactly the reason why the wto about power than rules.s - exactly the reason why the wto is even more relevant than before. because indeed we see geopolitical tensions, we see risks of economic fragmentation, so we need to preserve rules —based, multilateral trading system and that's what the wto is all about. it's actually most favoured nation principle which is very much behind resilience of global trade despite geopolitical tensions we are facing right now. but that said, there is...
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Feb 26, 2024
02/24
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wto has been facing its own challenges. _ global scene. wto has been facing its own challenges. wto has been facing l its own challenges. remember, this summit is on one hand a lot about theseissues summit is on one hand a lot about these issues they are trying to tackle, but it is also to try to reinforce that the wto is still a relevant body that can get things done because there have been questions whether it is toothless, powerless, ineffective and it can get countries together because it has failed to deliver on some of the big issues over the last few years. what has not helped them is the fact that the united states has not been supportive. in donald trump as president he threatened to withdraw from the wto. there are concerns that if he comes back to power that would still reforms even more, considering they have already been struggling to get them through in the last few years.— staying with global trade, the ongoing disruption to shipping in the red sea is causing british firms to face higher shipping costs and delays of up to four weeks due to houthi attacks. a new re
wto has been facing its own challenges. _ global scene. wto has been facing its own challenges. wto has been facing l its own challenges. remember, this summit is on one hand a lot about theseissues summit is on one hand a lot about these issues they are trying to tackle, but it is also to try to reinforce that the wto is still a relevant body that can get things done because there have been questions whether it is toothless, powerless, ineffective and it can get countries together because it...
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Feb 14, 2024
02/24
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CSPAN2
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how can there wto reflect the ft that the member economies look different just when wto was formed andplexity in the negotiations and the interaction as that have to happen even amongst the members you have seen evolutions of their -- of their exist answers, right. also very much in our minds and very, very relevant china in 2001, in 1995 china was not a member of the wto. if you look at economic indicators in 2001 versus china in 2024 you see how immensely china has grown and changed and how different all of our relationships with china have become and then also india it's also an example. adapting and reflecting the needs of the modern-world economy, the aspirations and challenges of all of the countries in the developing world which by the way they are olnot monolithic, there's diversity and nuance within the developing world. i say if you just look at the dispute settlement piece, one of the primary questions that we are asking and what it should have been doing all along which is helping wto members and the disputes are going to happen all of the time and became a giant litigation
how can there wto reflect the ft that the member economies look different just when wto was formed andplexity in the negotiations and the interaction as that have to happen even amongst the members you have seen evolutions of their -- of their exist answers, right. also very much in our minds and very, very relevant china in 2001, in 1995 china was not a member of the wto. if you look at economic indicators in 2001 versus china in 2024 you see how immensely china has grown and changed and how...
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Feb 14, 2024
02/24
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essentially got rid of the enforcement mechanism in the wto. >> there is concern about wto and the overall framework of how they operate. that basically one country can effectively have veto power over anything. i hear from my colleagues a lot, in terms of how the wto is funded and how they operate. that heading into various big decisions, i grow concerned that the way it's structured, that other countries might have that veto authority. are we utilizing our role the way we can and should as well? trips and so forth have given me concerned that we're not even as ambiguous as some of these challenges are. that when we have the opportunity, because of the way they are structured, that we're not taking advantage of those opportunities. that concerns me. it especially concerns my colleagues who raised various concerns. part of those are raised in the hearing last week as well. >> one more question over there and then we will wrap up. >> thank you for taking my question. china morning post. we were talking about china and trade, and that we have this technology of competition going on. i wanted
essentially got rid of the enforcement mechanism in the wto. >> there is concern about wto and the overall framework of how they operate. that basically one country can effectively have veto power over anything. i hear from my colleagues a lot, in terms of how the wto is funded and how they operate. that heading into various big decisions, i grow concerned that the way it's structured, that other countries might have that veto authority. are we utilizing our role the way we can and should...
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Feb 13, 2024
02/24
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doug: the wto ruled against it and said they would not abide. the china 3:01 refs were also rude -- 301 tariffs were ruled against. and the administration argues that they were worked out bilaterally and then we pass the inflation reduction act which contains all of these discriminatory decisions that violate most favored nation treatment under the wto rules, so i do not know. are we still a champion of the rules-based international trade system? jay: i think we should be. and i think -- look. i am unabashedly free market proponents. and i think those rules should be based on market economies and not command economies. and i think that is truly the conflict that we have. whether we want to acknowledge it or not. we look at a country like china, which is treated as a developing economy at the wto which makes no sense whatsoever. and we have a choice to make. and, sometimes do we do it right all the time? of course not. do we aspire to do it right all the time? i hope so. that is the goal of any elected leader in any administration. i give a lot o
doug: the wto ruled against it and said they would not abide. the china 3:01 refs were also rude -- 301 tariffs were ruled against. and the administration argues that they were worked out bilaterally and then we pass the inflation reduction act which contains all of these discriminatory decisions that violate most favored nation treatment under the wto rules, so i do not know. are we still a champion of the rules-based international trade system? jay: i think we should be. and i think -- look....
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Feb 26, 2024
02/24
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BLOOMBERG
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the 3% prediction the wto made was before the israel-hamas war.are saying that is now looking a bit optimistic as well. india's commerce minister arrives today. uncertainty around subsidies and opposes the inclusion of gender, labor rights. that is an issue for other members. australia for example is opposing the shielding of subsidies. this underscores the difficulty of finding agreement between 164 members. new members will have their own agendas as well. finding goal alignment is incredibly difficult. annabelle: all right, that was paul allen. the trade minister says the economy will feel the impact of slower local growth and the turmoil in the red sea. >> it always concerns us when growth is undershooting what people are forecasting what they want. higher growth need means greater prosperity, greater tax revenues for governments. there are strong reasons why we want local growth to recover. that is why the u.k. for example is taking strong action in the red sea in concert with our allies, to make sure trade continues to flow and that the world
the 3% prediction the wto made was before the israel-hamas war.are saying that is now looking a bit optimistic as well. india's commerce minister arrives today. uncertainty around subsidies and opposes the inclusion of gender, labor rights. that is an issue for other members. australia for example is opposing the shielding of subsidies. this underscores the difficulty of finding agreement between 164 members. new members will have their own agendas as well. finding goal alignment is incredibly...
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Feb 26, 2024
02/24
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BBCNEWS
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the issue for the wto is it has been facing this problem for the last few years, it is notjust that itthey hoping is subsidies on fisheries and hopefully make some headway as far as trade on e—commerce is concerned, where the moratorium will come to an end. there is opposition on that front, but they think they will be able to make some headway, so it will be interesting to see what pans out. i know you will keep us posted, thank you, sameer hashmi live in abu dhabi. just time to tell you some of the uk�*s biggest house—builders have been investigated over whether they have been sharing information that could influence house prices. the competition and markets authority, the cma, has launched a probe after a year—long investigation into house—building in england, wales and scotland. it also said significant intervention was needed in the market in order to ensure enough homes are built to meet demand. from more expensive in some areas of england where the biggest ethnic minority populations live, according to new research. it has collected thousands of quotes based on identical driver
the issue for the wto is it has been facing this problem for the last few years, it is notjust that itthey hoping is subsidies on fisheries and hopefully make some headway as far as trade on e—commerce is concerned, where the moratorium will come to an end. there is opposition on that front, but they think they will be able to make some headway, so it will be interesting to see what pans out. i know you will keep us posted, thank you, sameer hashmi live in abu dhabi. just time to tell you...
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Feb 23, 2024
02/24
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eye 33
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i have always said that at the wto we should focus on what the multilateral trading system can do for for gdp growth, global growth, trade feeds into gdp growth and vice—versa. so progress in trade is important and our members understand this. they understand it is important to make progress on issues related to fisheries because we are dealing not only with sustainability of oceans but we have proven the livelihoods of fishermen and women around the world who depend on this. they understand that making progress on digital trade will be important. so the atmosphere is positive and there for i think members are poised to deliver. that being said i must be realistic. you never know how negotiations will go. the dynamics can become difficult so i do not wish to predict too much about where we will come up much about where we will come up but i hope for the best. let me touch _ up but i hope for the best. let me touch on _ up but i hope for the best. let me touch on a _ up but i hope for the best. let me touch on a hot topic on the table in upper derby, e—commerce which covers everything
i have always said that at the wto we should focus on what the multilateral trading system can do for for gdp growth, global growth, trade feeds into gdp growth and vice—versa. so progress in trade is important and our members understand this. they understand it is important to make progress on issues related to fisheries because we are dealing not only with sustainability of oceans but we have proven the livelihoods of fishermen and women around the world who depend on this. they understand...
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30
Feb 16, 2024
02/24
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CSPAN2
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eye 30
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essentially got rid of the enforcement mechanism and the wto. >> there is concern about wto and the overall framework of how they operate. basically one country can have veto power over anything. i colleagues, air for my colleagues a lot how it was funded and how they operate. but heading into various of big decisions i grow concerned the way it is structured that other countries might have the veto authority are we utilizing our role the way we can and should as well? trips and vote m so forth have given me concerns are ambiguous as some of these challenges are. we have the opportunity because of the way they are structured we are not take advantage of this opportunities. that concerns me and concerns my colleagues as well it raises various concerns and part of those were raised i was well proportional to, question over there. >> thank you for taking my question. we are talking about china and trade we have the technology competition going on. right now the biden administration is looking for errors or cooperate with china. if you think agriculture is one area that can become the foundatio
essentially got rid of the enforcement mechanism and the wto. >> there is concern about wto and the overall framework of how they operate. basically one country can have veto power over anything. i colleagues, air for my colleagues a lot how it was funded and how they operate. but heading into various of big decisions i grow concerned the way it is structured that other countries might have the veto authority are we utilizing our role the way we can and should as well? trips and vote m so...
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28
Feb 16, 2024
02/24
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CSPAN2
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eye 28
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essentially got rid of the in the wto. >> there's concern about the wto in the overall framework and how theyew operate. they are basically one country my colleagues a lot in terms of how the wto was funded in how they operate. heading into very big decisions, you know i grow concerned that the way it's structured, that other countries might have that veto authority. are we utilizing our role in the way we can and should as well and trips and so forth has given me concerned that we are not even ambiguous as some of these challenges are, that when you have the opportunity because of the way they are structured we are even taking advantage of those opportunities. that concerns me and it concerns my colleagues as well. part of those were raised in a hearing last week. >> one more question. >> hi. my question is about you were talking about china and trade and then we have competition going on. i just wanted to get your comment, right now we are looking for areas to cooperate with china think agriculture is one area where there's a foundation of rebuilding the relationship and or is ther
essentially got rid of the in the wto. >> there's concern about the wto in the overall framework and how theyew operate. they are basically one country my colleagues a lot in terms of how the wto was funded in how they operate. heading into very big decisions, you know i grow concerned that the way it's structured, that other countries might have that veto authority. are we utilizing our role in the way we can and should as well and trips and so forth has given me concerned that we are...
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Feb 15, 2024
02/24
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CSPAN2
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have to simply lead, and we have to lead not only there, but we have to lead in geneva right at the wto for -- issues like dispute settlement, the resolution on that. we have to step up to the plate. now, we're not -- we're not s sending necessarily the best message to the rest of the world when we go into these conferences if we're not willing to -- to consider more free trade agreements around the world if we're not leading in terms of -- of expanding trade around the world and we haven't been doing that we haven't for a long time for a decade. >> right -- >> so i'm -- i kind of reject the premise of your question there because i simply don't expect the united states as -- ises going to be forced to make- to compromise. >> well we'll see -- >> or should it be? >> maybe i planted an idea. [laughter] okay --ay well on the subject of like u.s. leadership, i mean that's -- that's kind of been on my mind too aheading into this -- it sounds like you're saying and i don't to put words in your mouth that it is not leading on trade to the dmeangt it has in the past. i listen to speech that gav
have to simply lead, and we have to lead not only there, but we have to lead in geneva right at the wto for -- issues like dispute settlement, the resolution on that. we have to step up to the plate. now, we're not -- we're not s sending necessarily the best message to the rest of the world when we go into these conferences if we're not willing to -- to consider more free trade agreements around the world if we're not leading in terms of -- of expanding trade around the world and we haven't...
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Feb 25, 2024
02/24
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BLOOMBERG
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haidi: wto reform will be one of the key items on the agenda. we expect any progress there?the risk of sounding cynical it is always on the agenda and it's pretty much always ends with a commitment to keep it on the agenda. it is not really seem to go anywhere. one of the things all parties want to do is try to revise the appeals court, the appellate body as it is known. since 2019 there has been a hesitancy to move the ball down the field, as it were, with the possibility of another trump presidency on the horizon. that will not likely see a great deal of movement until after november. don farrell said wto reform is always difficult but it should not depend on who is or is not in the white house. but he has used the appeals body previously to get through traded difficulties with china which have been well-publicized. there has been a lot of movement on that front. don farrell will meet his chinese counterpart on the sidelines of this meeting in abu dhabi this week. most of the trade starts have been removed. there are still some of them in place against wine but we expect g
haidi: wto reform will be one of the key items on the agenda. we expect any progress there?the risk of sounding cynical it is always on the agenda and it's pretty much always ends with a commitment to keep it on the agenda. it is not really seem to go anywhere. one of the things all parties want to do is try to revise the appeals court, the appellate body as it is known. since 2019 there has been a hesitancy to move the ball down the field, as it were, with the possibility of another trump...
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Feb 6, 2024
02/24
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and ngozi okonjo-iweala, director of the wto. agencies, leaders and gentlemen, greetings from indonesia. it is my honor to join you virtually in this inaugural, global symposium on security and diplomacy in the 21st century. it is a good opportunity for us to share cooperation and development in the region that have a critical role in maintaining peace, security, stability, and prosperity in our region and beyond. at its core is to ensure a healthy, caring, and sustainable community by promoting healthy lifestyle, responding to all emerging threats, strengthening systems, and access to care and ensuring food safety. together with our partners, here in the region and from around the world, we collectively work to achieve the full potential of peoples through resilient systems that protect other peoples from public health threats and other forms of threats. i'm pleased to share that both as the united states working together on the initiatives to port achievements of the 2030 agenda for sustainable goals and advancing the security
and ngozi okonjo-iweala, director of the wto. agencies, leaders and gentlemen, greetings from indonesia. it is my honor to join you virtually in this inaugural, global symposium on security and diplomacy in the 21st century. it is a good opportunity for us to share cooperation and development in the region that have a critical role in maintaining peace, security, stability, and prosperity in our region and beyond. at its core is to ensure a healthy, caring, and sustainable community by...
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Feb 29, 2024
02/24
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tom: on the ground for us in abu dhabi as the wto gets close to wrapping up, thank you.ing to the trade chief catherine ty. so stay tuned for that conversation and questions about china. across the terminal, air france has an operating loss. 56 million euros. estimates had been a profit of 130 9 million euros, so from the estimates of profit, you are getting a loss for air france klm. in terms of revenue, seven point four one billion euros in estimates were a miss when it comes to revenues. let comes to geopolitical impact, the company encounter disruption costs linked to fewer travelers wanting to go to israel and african nations around some conflicts. geopolitical impact is being felt. billionaire retail king christo is doubling down on diamonds. he revived his passion which may be riskier than any retail bets. he spoke with bloomberg's jennifer. >> diamonds, south africa was the diamond center of the world. for the late 19th century. it still is important, but mining, which used to be the mainstay of our gdp has declined, and south africa is blessed with mineral resou
tom: on the ground for us in abu dhabi as the wto gets close to wrapping up, thank you.ing to the trade chief catherine ty. so stay tuned for that conversation and questions about china. across the terminal, air france has an operating loss. 56 million euros. estimates had been a profit of 130 9 million euros, so from the estimates of profit, you are getting a loss for air france klm. in terms of revenue, seven point four one billion euros in estimates were a miss when it comes to revenues. let...
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Feb 9, 2024
02/24
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RUSSIA24
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for joining the wto and... the eurasian economic community, but this goal has not been removed, it isagenda, including and russian-uzbek relations, that's it. just a week ago, prime minister of uzbekistan aripov was in almaat at the corresponding meeting of the eurasian, the eurasian council and the economic council, and there he made a fairly large set of proposals to facilitate the movement of goods, to improve logistics procedures, possible procedures, and so on, so here we have a process underway, but how long it will take is difficult to say, because... you know that at the eastern economic forum a concept and even a program for the socio-cultural adaptation of migrants was proposed and several of our regions joined in the implementation of this program, we will wait for the result at the beginning and at the end january there was a large delegation from russian departments led by the head of rost-trud mikhail yuryevich ivankov and they continue to work, this is not the first meeting to promote the launch of the organizational recruitment project, in order to already determine wh
for joining the wto and... the eurasian economic community, but this goal has not been removed, it isagenda, including and russian-uzbek relations, that's it. just a week ago, prime minister of uzbekistan aripov was in almaat at the corresponding meeting of the eurasian, the eurasian council and the economic council, and there he made a fairly large set of proposals to facilitate the movement of goods, to improve logistics procedures, possible procedures, and so on, so here we have a process...
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Feb 27, 2024
02/24
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BLOOMBERG
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focusing our discussions on wto ministerial confidence.sly we will work with our bilateral trade issues. ask commissioner, just dig into that a little bit. when we talk about progress, because you have been a bit critical about the u.s. and china and that geopolitical spac having an impact more broadly on trade, what does progress in look like at the end of this conference? kwuex we are currently in a more geopolitical situation than we were before. it's growing tendencies towards protectionism. so, we need to adjust all of this. we need to preserve the role of the wto and rules-based multilateral system. it is the most favored nation principle, which is behind much of the resilience, which you are seeing in global trading system despite geopolitical turbulence. it's important to ensure it remains effective organization in putting emphasis on the wto form and making sure keeps up with the face of the developments of the nations. >> commissioner many delegations agree that any agreement of the key issues, moratoriums, will depend on india.
focusing our discussions on wto ministerial confidence.sly we will work with our bilateral trade issues. ask commissioner, just dig into that a little bit. when we talk about progress, because you have been a bit critical about the u.s. and china and that geopolitical spac having an impact more broadly on trade, what does progress in look like at the end of this conference? kwuex we are currently in a more geopolitical situation than we were before. it's growing tendencies towards...
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51
Feb 13, 2024
02/24
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CSPAN2
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eye 51
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at the world bank and you look at the un, this wto the current incarnation course post-world war ii look at it that way, i'm not deeply in the world, we are all adjacent but there's a very serious reform consciousness need for reform but if you look at the wto, reform is squarely on the agenda and we have questions of reform robustly, honest and difficult conversations and the reinforcement is how important it is and we are ahead of the institutions and grappling with this. one more item i want to emphasize as i am preparing, one thing i'm truly looking forward to is having the opportunity to see so many of my counterparts. that is a huge part of the value, 164, 166 all continued to show up and maintain relationships with each other and it is valued. >> the trade on people like ourselves shiny the wto, was the political consensus of the global trading system from your from a where are the elements? what should the elements of reform be? >> how can the wto reflect the fact that the economies today different than when it was formed and 94, 95? there more members which means there's mo
at the world bank and you look at the un, this wto the current incarnation course post-world war ii look at it that way, i'm not deeply in the world, we are all adjacent but there's a very serious reform consciousness need for reform but if you look at the wto, reform is squarely on the agenda and we have questions of reform robustly, honest and difficult conversations and the reinforcement is how important it is and we are ahead of the institutions and grappling with this. one more item i want...
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Feb 26, 2024
02/24
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BLOOMBERG
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eye 43
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if we don't get that, we will resume the wto implication asap.d the wto crisis that was based on the successful removal of the tariffs. quirks wanted states have slowly recovered since china imposed the tariffs in 2020. treasury also signaled it is expecting something to celebrate soon. >> the view of tariffs and australian wine remains ongoing. we are prepared to reestablish ourselves and our australian portfolio in china. >> there is a question about why australia's exporters have learned from the host. when a comfortable lives on china. forcing exporters to diversify and find new markets. since tariffs were lifted, australia's producers have gone back to the bar with china accounting for within 90% of exports. when wind begins to flow, members can become easy. >> in the markets, we are keeping an eye on ai stocks in china as well as korea. they are getting a lift after the news that -- take a look at where they are. they are up by a massive 10% -- this is backed by open ai and microsoft. that the page. look at where we are in terms of some of
if we don't get that, we will resume the wto implication asap.d the wto crisis that was based on the successful removal of the tariffs. quirks wanted states have slowly recovered since china imposed the tariffs in 2020. treasury also signaled it is expecting something to celebrate soon. >> the view of tariffs and australian wine remains ongoing. we are prepared to reestablish ourselves and our australian portfolio in china. >> there is a question about why australia's exporters have...
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Feb 7, 2024
02/24
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through our partnership the wto and w.h.o. stand ready to help countries build the legal and regulatory capacity they need to take advantage of flexibilities and and in support global health security. let me conclude here. this rightly places are oury challenges at the center of the 21st century foreign policy. trade are working a full part of the holistic responses we need. we look forward to partnering with all of you, and wish you the best of luck in this dialogue. thank you. [applause] >> thank you so much, director general. with that theme in mind our last set of opening remarks come from asean secretary general kao kim hourn who will also be participating live via zoom. >> thank you very much, mr. moderator. i can see antony blinken, u.s. secretary of state -- u.s. ambassador icy dr. tedros director general of world health organization, i can see ngozi okonjo-iweala, director general of the wto. i can see, ladies and gentlemen, greetings from indonesia. it is my honor to join you although virtually in this inaugural glob
through our partnership the wto and w.h.o. stand ready to help countries build the legal and regulatory capacity they need to take advantage of flexibilities and and in support global health security. let me conclude here. this rightly places are oury challenges at the center of the 21st century foreign policy. trade are working a full part of the holistic responses we need. we look forward to partnering with all of you, and wish you the best of luck in this dialogue. thank you. [applause]...
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Feb 7, 2024
02/24
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CSPAN2
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by the way i would note it was not just joining the wto but a number of other institutions in the last0 years that enabled the chinese to dramatically grow economically. while it may not be the same standard of living for the rest of asia or the world but to dramatically improve the standard ofof living of a typicl person in china. they have benefited from her open society. for not going to be a part of the open society they should not be able to economicallyrt beneft from the chaos and the destruction theyao bring. >> i don't like or so want to prevent war zone to send a signal can't be part of a club of the world economic powers if you act like a tyrant. >> china has not limited itsim efforts to trade as you implied. they have become more active around the world and they set up parallel institutions if you will the world bank, to the imf, and they are trying to set up if you will something resembling an economic block. and they tried to wean away lots of countries. they have friendships without limits with our friends in russia, our former friends in russia. they are the leading prov
by the way i would note it was not just joining the wto but a number of other institutions in the last0 years that enabled the chinese to dramatically grow economically. while it may not be the same standard of living for the rest of asia or the world but to dramatically improve the standard ofof living of a typicl person in china. they have benefited from her open society. for not going to be a part of the open society they should not be able to economicallyrt beneft from the chaos and the...
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Feb 10, 2024
02/24
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CSPAN
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by the way, i would note, tom, that was not just joining the wto but a number of other international institutions in the last 30 years that enable the chinese to dramatically grow economically. while it may not be the same standard of living for the rest of asia or the rest of the world but to dramatically improve the standard of living for the typical person in china. they have benefited from our open society. so if they're not going to be a part of our open society they should not be able to economically benefit from the chaos, the destruction that they could bring. >> i i speeders i don't like wa. i want to prevent wars. i want to send a signal, if you can't be a part of the club of world economic powers, if you act like a tyrant. >> china is not limited its efforts to trade, as you implied. they have become more active around the world and the ascent of soda parallel institutions, if you will, to the world bank, the imf. >> yes. >> and they are trying to set up, if you will, something resembling a block, and economic block. and they try to wean away lots of countries. i mean, the
by the way, i would note, tom, that was not just joining the wto but a number of other international institutions in the last 30 years that enable the chinese to dramatically grow economically. while it may not be the same standard of living for the rest of asia or the rest of the world but to dramatically improve the standard of living for the typical person in china. they have benefited from our open society. so if they're not going to be a part of our open society they should not be able to...
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Feb 8, 2024
02/24
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CSPAN2
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by the way i would notes who is withnot just join the wto but an number of other institutions in the last 30 years that enabled the chinese to dramatically grow economically. while it may not be the same standard of living for a share e rest of the world but dramatically improve the standard of living for the typical person inro china. they have benefited from our open society. they're not going to be a part of our open society that should not be able to economically benefit from the chaos and destruction they can bring it. >> i want to prevent wars and i want to send a signal you cannot be a part of the club of world economic powder powers if you act like a tyrant. >> china's not limited its n efforts to trade as you implied. they have become more active around the world they have setal up sort of parallel institutions if you will to the world bank, the imf they are trying to set up if you will something resembling a block and economic block. they tried to wean away lots of countries. they have friendship without limits with our friends in russia our former friends in russia. they a
by the way i would notes who is withnot just join the wto but an number of other institutions in the last 30 years that enabled the chinese to dramatically grow economically. while it may not be the same standard of living for a share e rest of the world but dramatically improve the standard of living for the typical person inro china. they have benefited from our open society. they're not going to be a part of our open society that should not be able to economically benefit from the chaos and...
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24
Feb 27, 2024
02/24
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1TV
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eye 24
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if the wto's mandate to keep the world open to free trade collapses, china will have at least a partialtimes more with china than with america, which means that it is still necessary to trade in order to have something, but of course there are financial services, there are banking services and so on, but as for the accounting of material goods, today china produces , is not in general, it potentially and actually produces more of these material things and services per year than the six other countries that follow it, which includes the united states. for the development of the national economy, that is , this is the whole vast world, this is the world majority, which brilliantly supported this idea, the americans naturally did not support, but now the question arises: 2/3 of the wto members, that is, from 163, or maybe 23 members are in favor, so let’s imagine that some kind of agreement will be signed on the sidelines of the wto without the americans, what it will be like and how it will be some people are offended, well, the west just isolates everything, i think it will come to this.
if the wto's mandate to keep the world open to free trade collapses, china will have at least a partialtimes more with china than with america, which means that it is still necessary to trade in order to have something, but of course there are financial services, there are banking services and so on, but as for the accounting of material goods, today china produces , is not in general, it potentially and actually produces more of these material things and services per year than the six other...
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Feb 14, 2024
02/24
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CSPAN
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eye 25
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my colleague was talking about the oecd, but there are standards with the wto and many more. if we look at the geopolitics, what is happening right now in the world, i think it is getting scarier. each day, the turbulence, the conflicts around the world actually have a huge implication on our economy. when you have reliable trading partners, if you have strong and resilient transatlantic relations, even during the most severe crisis, you actually see the trade growing. last year, we had 1.3 trillion euros between the eu and u.s. last year would be almost 5% higher. one of the reasons for growth was that in europe, we had to make a huge change because of european overreliance on russian energy sources had been an issue , and they underestimated how much it cost. on top of that, you have to find where to buy new resources. most of the growth of the trade is a do to the eu buys a lot of lng. if you need to change more than 60% of your energy resources, you have to pay the price and you have to rely on your allies. we can go sector by sector. if you want to find alternative or ha
my colleague was talking about the oecd, but there are standards with the wto and many more. if we look at the geopolitics, what is happening right now in the world, i think it is getting scarier. each day, the turbulence, the conflicts around the world actually have a huge implication on our economy. when you have reliable trading partners, if you have strong and resilient transatlantic relations, even during the most severe crisis, you actually see the trade growing. last year, we had 1.3...
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Feb 11, 2024
02/24
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CNNW
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the wto director general says the former group chairman of the nigeria stock exchange also was killed in the crash. they released a statement expressing her deepest sympathies, and condolences to the victims families. >>> the results are coming in days after pakistani voters went to the polls. the question is, will the results quite a protest? we will have a live report for you, coming up next. >>> we have just learned that the official results in pakistan's election are now in, we're waiting for more details. this news coming as pakistan's jailed ex-leader apparently sent word earlier that protest should be held in the coming hours outside of polling offices, where his party says election results have been withheld and delayed. some protest earlier this week turned violent over vote rigging allegations. a senior party leader who remade relayed the message urged reporters to be peaceful and follow the law. joining me now is cnn sophia in islam about, this has just been having ending in the last few minutes, what do you know about the election results announcement? >> reporter: michael
the wto director general says the former group chairman of the nigeria stock exchange also was killed in the crash. they released a statement expressing her deepest sympathies, and condolences to the victims families. >>> the results are coming in days after pakistani voters went to the polls. the question is, will the results quite a protest? we will have a live report for you, coming up next. >>> we have just learned that the official results in pakistan's election are now...
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Feb 23, 2024
02/24
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BBCNEWS
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i've always said that at the wto we should focus on what the multilateral trading system can do for people for gdp growth, global growth, trade feeds into gdp growth and vice versa. so i think progress in trade is really important. and our members understand this. they understand it's important to make progress on issues related to fisheries, because we are dealing not only with sustainability of our oceans, but with improving the livelihoods of 260 million fishermen and women around the world who depend on this. they understand that making progress on digital trade will be important. so the atmosphere is positive and therefore i think members are poised to deliver. that being said, i have to be realistic. you never know how the negotiations will go. the dynamics can become quite tough. so i don't want to prejudge or predict too much where we are going to come out, but i'm hoping for the best. an american company has becoming the first commercial outfit to put a spacecraft on the moon. texas based, intuitive machines, landed the craft near the lunar south pole. nasa has paid to put six sci
i've always said that at the wto we should focus on what the multilateral trading system can do for people for gdp growth, global growth, trade feeds into gdp growth and vice versa. so i think progress in trade is really important. and our members understand this. they understand it's important to make progress on issues related to fisheries, because we are dealing not only with sustainability of our oceans, but with improving the livelihoods of 260 million fishermen and women around the world...
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18
Feb 17, 2024
02/24
by
RUSSIA24
tv
eye 18
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machine guns, we started with repairs, and then, uh, when we did the rts - republican center with the wtool, some kind, our own weapon, in donetsk even produced pistols of their original design, ovlod, i needed the material steel and... a tool than to do, i sat down at home in the evening, drew, developed, drew a pistol for myself, so i came from my pension card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a few months, the charger is like this , this is a working magazine so that you can use the caliber 762 captured cartridges with a caliber of 9 mm, this ten-round one for our hidden ones, you see, it’s flat, i changed it, if the fuse is up, i did the opposite, down on the guards, up, well, deceptive way, here it comes down, shoots, this is it ten-grain caliber 545, yeah, well, such a cartridge. 5 45 take the stechkin and take our pistol and shoot, it means that if you shoot with the stechkin from your hands without a stock, you won’t be able to hold it in your hands, it lifts it up, if you shoot with our gun in bursts, everyon
machine guns, we started with repairs, and then, uh, when we did the rts - republican center with the wtool, some kind, our own weapon, in donetsk even produced pistols of their original design, ovlod, i needed the material steel and... a tool than to do, i sat down at home in the evening, drew, developed, drew a pistol for myself, so i came from my pension card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a few months, the charger is...
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70
Feb 13, 2024
02/24
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CSPAN2
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in within the rule of the wto what is blessed by wto our trade remedies and trade defense and the use of tariffs to counterbalance unfair trade like dumping an illegal subsidizatio subsidization. but it also want to reflect is that trade policy and economic policy isn't just tariffs. and this is something want to distinct on behalf of the biden administration because we are focused on reinvigorating the american middle class and the american economy, ensuring that there is more opportunity in our economy, that we can address an increasing sense of economic insecurity that americans, especially younger americans, have been feeling over the past ten, 20 years. right? and that what we have done is to deploy a set of tools. you're right that we have kept a lot of the tariffs because we see strategic value in those tariffs in this exercise the building of the middle class and reinvigorating american manufacturing and the american economy. but we haven't stopped there, right? trade and tariffs are not the only tools you'll need to accomplish those goals. i like to highlight one of the pilla
in within the rule of the wto what is blessed by wto our trade remedies and trade defense and the use of tariffs to counterbalance unfair trade like dumping an illegal subsidizatio subsidization. but it also want to reflect is that trade policy and economic policy isn't just tariffs. and this is something want to distinct on behalf of the biden administration because we are focused on reinvigorating the american middle class and the american economy, ensuring that there is more opportunity in...
14
14
Feb 17, 2024
02/24
by
RUSSIA24
tv
eye 14
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machine guns, they started with repairs, and then, when they made the rc, the republican center with the wtog some kind of pistol, their own weapon, they even produced a pistol. fruit of my original design, i needed steel material and a tool, what to do with it, i sat down at home in the evening, drew it up, designed it, drew a gun for myself, so i came with a specialist card , withdrew money, went to the lighthouse, bought metal, so i started making a gun, i made it for two and a few kopecks. sixteenth month here uh-huh, these are working tools , or rather these same working tools, then i made this one, a twenty-gauge one like an aps, but here everything is completely ours with an aiming bar, here it is and i made this, then they made this pistol, also a luger cartridge, we can make any caliber , we can cut any short-barreled barrel, the military-industrial complex of the dpr is a two-caliber pistol, a universal weapon has two removable barrels and two magazines so that you can use 7.62 caliber , captured cartridges with a caliber of 9 mm, this one ten-round for concealed carry , you see it
machine guns, they started with repairs, and then, when they made the rc, the republican center with the wtog some kind of pistol, their own weapon, they even produced a pistol. fruit of my original design, i needed steel material and a tool, what to do with it, i sat down at home in the evening, drew it up, designed it, drew a gun for myself, so i came with a specialist card , withdrew money, went to the lighthouse, bought metal, so i started making a gun, i made it for two and a few kopecks....
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23
Feb 12, 2024
02/24
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CSPAN3
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eye 23
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the imf, the world bank, the wto, the oecd. and finally we are coming together in one task force to try to see if we can put all our energies together, develop a common methodology or framework. we know that not every country is going to have a carbon price or tax. the u.s. will never do it. they will approach it to regulation subsidies and other means but once we have a common framework we can all measure what were doing against that. more importantly we can transfer some of the resources raised to a finance the green transition period so thank you for raising that. >> dr. ngozi i know he have to leave in a couple minutes because an important meeting. why has it been so slow? is a because were distracted with of the crisis and are you confident that all of this is going in the right direction? >> well, it's social because i mean when to talk of raising taxes of price, it's never a popular. as someone said jeff so many former, present finance ministers on the panel. we know what this means. it's politically difficult to talk ab
the imf, the world bank, the wto, the oecd. and finally we are coming together in one task force to try to see if we can put all our energies together, develop a common methodology or framework. we know that not every country is going to have a carbon price or tax. the u.s. will never do it. they will approach it to regulation subsidies and other means but once we have a common framework we can all measure what were doing against that. more importantly we can transfer some of the resources...
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43
Feb 24, 2024
02/24
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CSPAN
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eye 43
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the wto hasn't played by the rules. we need to get china thrown out of the world health organization. [applause] >> can you believe we still don't know the origins of covid? here we are with millions of people killed, trillions of dollars and china has not been transparent at all of what happened in wuhan. can you believe they are strategically buying farmland across america? we should ban that and stop letting companies [applause] >> invest in china in ways that it supports the pla and the comet's party. we need to show leadership and show china that there are consequences for bad behavior and we need to reduce our dependency on china and that's what i will do as a senator on the first day. [applause] >> i think we are about finished so thank you cpac for having us. please visit dave's website. on a personal note, i help support him because we have to retake the senate and pennsylvania's ground zero for that. thank you, everybody. [applause] ♪ >> make an investment decision with someone is the most sacred act that can
the wto hasn't played by the rules. we need to get china thrown out of the world health organization. [applause] >> can you believe we still don't know the origins of covid? here we are with millions of people killed, trillions of dollars and china has not been transparent at all of what happened in wuhan. can you believe they are strategically buying farmland across america? we should ban that and stop letting companies [applause] >> invest in china in ways that it supports the pla...
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15
Feb 29, 2024
02/24
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RUSSIA24
tv
eye 15
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russia will support the extension of the wto moratorium on customs duties in electronic commerce.y the minister of economic development maxim reshetnikov. he also noted that the protectionist policies of a number of states limit the economic prospects of developing economies and threaten the international trade system. regarding subsidies for fisheries in distant seas within the framework of the world trade organization. counts on their preservation. it is important for us to achieve there were no points related to the ban on fishing subsidies, first of all, not even within our economic zone, in distant seas, because we want to be able to economically support our fleet, which will carry out fishing, of course, in compliance with all requirements precisely from the position rational, careful use. our companies are showing interest in projects for the construction and... organization of a thermal power plant in sri lanka, this was reported by the russian ministry of energy and noted that energy cooperation between the two countries has good potential for expansion. in particular, su
russia will support the extension of the wto moratorium on customs duties in electronic commerce.y the minister of economic development maxim reshetnikov. he also noted that the protectionist policies of a number of states limit the economic prospects of developing economies and threaten the international trade system. regarding subsidies for fisheries in distant seas within the framework of the world trade organization. counts on their preservation. it is important for us to achieve there were...
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14
Feb 18, 2024
02/24
by
RUSSIA24
tv
eye 14
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rifles. the machine guns began with repairs, and then, when they made a republican center with the wtoking some kind of pistol, our own weapon. in donetsk, they even produced pistols of their original design, the oplod. i needed material, steel and tools to do it with. i sat down at home in the evening, drew it, developed it. it’s all ours here, with an aiming rib, that’s what i made, then we made this pistol, also a luger cartridge, we can make any caliber, we can cut any short-barreled barrel, the military-industrial complex of the dpr immediately created a two-caliber pistol, a universal weapon has two removable barrels and two magazines so that you can use 7.62 caliber, captured cartridges with a caliber of 9 mm, so... this ten-caliber one for hidden ours is flat, i changed it if the fuse up, i did the opposite, down on the fuses, up, well, this is a deceptive way, so it comes down, shoots, this is a ten-caliber 545 caliber, yeah, well, this is a 5.45 cartridge, take a stechkin and take our pistol and shoot. that means if she's in heat you shoot with your hands without a stock, you
rifles. the machine guns began with repairs, and then, when they made a republican center with the wtoking some kind of pistol, our own weapon. in donetsk, they even produced pistols of their original design, the oplod. i needed material, steel and tools to do it with. i sat down at home in the evening, drew it, developed it. it’s all ours here, with an aiming rib, that’s what i made, then we made this pistol, also a luger cartridge, we can make any caliber, we can cut any short-barreled...
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8.0
Feb 18, 2024
02/24
by
RUSSIA24
tv
eye 8
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throws it out without a sound. with repairs, and then, when they made a republican center with the wtoof pistol, our own weapon. in donetsk, they even produced pistols of their original design, the oplod. i needed material, steel and tools to do it with. i sat down at home in the evening, drew, developed, i drew a pistol for... myself, so i came with a special card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a penny months, a sixteen-dollar one like this, yeah, these are working tools, or rather these same workers, then he made it like this, twenty-gauge , like an apsa, but here everything is completely ours with... a solid rail, here it is, and this is what i made, then they made this pistol, also a luger cartridge, we can make any caliber, short-barreled we cut any trunk, the military-industrial complex of the dpr was created immediately a two-caliber pistol, a universal weapon has two removable barrels and two magazines so that you can use caliber 762 captured cartridges with a caliber of 9 mm, this ten-round one. for our
throws it out without a sound. with repairs, and then, when they made a republican center with the wtoof pistol, our own weapon. in donetsk, they even produced pistols of their original design, the oplod. i needed material, steel and tools to do it with. i sat down at home in the evening, drew, developed, i drew a pistol for... myself, so i came with a special card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a penny months, a...
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12
Feb 17, 2024
02/24
by
RUSSIA24
tv
eye 12
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machine guns, they started with repairs, and then, uh, when they made a republican center with the wtotheir own pistol, some kind, their own weapon, in donetsk they even produced pistols of their own original design, fruit, i needed material, steel and tools, than to do it. i sat down at home in the evening, drew, designed, drew - a pistol for myself, so i came with a special card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a few months, 16 rounds, like this, yeah, these are working tools, or rather these are the same working tools. then i made this twenty-gauge one, like an apsa, well , everything here is completely ours with an aiming rib, here it is, and i made this, then we made a pistol like this, also a luger cartridge, we can make any caliber, we can cut any short- barreled barrel, the military-industrial complex of the dpr created a two-caliber pistol at once, the universal weapon has two removable barrels and two magazines so that you can... use caliber 762 captured cartridges with a caliber of 9 mm, this ten-gauge
machine guns, they started with repairs, and then, uh, when they made a republican center with the wtotheir own pistol, some kind, their own weapon, in donetsk they even produced pistols of their own original design, fruit, i needed material, steel and tools, than to do it. i sat down at home in the evening, drew, designed, drew - a pistol for myself, so i came with a special card, withdrew money, went to the lighthouse, bought metal, so i started making a pistol, i made it in two and a few...
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69
Feb 28, 2024
02/24
by
CSPAN2
tv
eye 69
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wto and organization we open up our market, or cabinet market in particular with technology and two ofhe chinese and what they are trying to do as they are not reciprocated with goodwill. it'sin not america designates china as the enemy. on the contrary china has always designated united states because america, after all exerts an enormous impact on the chinese people for that for the chinese government is most afraid of because it is the china people the chinese communist government is afraid of it. they're really, really scared every chinese enjoyed the same political rights, economic rights this is one of the reasons of bipartisan settlement. we have a trilateral relationship with china. the chinese debugged engage with chinese people. they are just like americans they enjoy freedom and basic human rights. if weic expand that exchange tht will be one of the part of the solutions to the problem progress to intelligence agents and officials says the chinese pose the greatest threat as far as cyber intrusion can you compare that threat to the threat coming from russia? >> it's a very g
wto and organization we open up our market, or cabinet market in particular with technology and two ofhe chinese and what they are trying to do as they are not reciprocated with goodwill. it'sin not america designates china as the enemy. on the contrary china has always designated united states because america, after all exerts an enormous impact on the chinese people for that for the chinese government is most afraid of because it is the china people the chinese communist government is afraid...
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56
Feb 27, 2024
02/24
by
BLOOMBERG
tv
eye 56
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they spoke at the wto ministerial meeting in abu dhabi. >> it concerns us when growth under shoots whate forecasting. higher growth means greater prosperity. there are reasons we want growth to recover. that is why the u.k. is taking strong action in the red sea with our allies to make sure trade continues to flow in the world does not suffer from events in the middle east. >> you mentioned developing countries should benefit and this conference has been about that. what about the digital goods tariff moratorium? does that get renewed? >> this is essential. going backwards for it not to be renewed, there would be the potential for customs duties on anything from sharing spotify or netflix or anything transmitted digitally. we think this would be a retrograde step to go back 20 years or more. it benefits the world and developing countries to not have digital duties. >> some countries might see it as a chip to use if they can bargain. >> our estimates are developing countries, whatever they might gain would be dwarfed by losses to gdp. 20 or 30 times as much loss compared to what they mig
they spoke at the wto ministerial meeting in abu dhabi. >> it concerns us when growth under shoots whate forecasting. higher growth means greater prosperity. there are reasons we want growth to recover. that is why the u.k. is taking strong action in the red sea with our allies to make sure trade continues to flow in the world does not suffer from events in the middle east. >> you mentioned developing countries should benefit and this conference has been about that. what about the...