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An upsurge in global protectionism could result in the loss of 100,000 Australian jobs and see the average Australian household worse off by nearly AUD1,500 (USD1,188) a year, according to a new report by the Productivity Commission. Read Full Story
The EU and Brazil have put a joint proposal to the WTO that would limit trade-distorting farm subsidies in proportion to the size of each WTO member's agricultural sector. Read Full Story
Most Irish CEOs think that Brexit will bring more challenges than opportunities and that the Government should do more to develop a strategy for promoting Ireland as an investment destination, according to a survey by PwC. Read Full Story
The EU has said that, as a result of dispute proceedings it launched in 2014, Russia has lowered tariffs on certain paper, refrigerators, and palm oil products. Read Full Story
Both the EU and the US have claimed victory in response to the latest WTO ruling in a long-running dispute over alleged US subsidies to Boeing. Read Full Story
Chartered Accountants Ireland has said that businesses in both the Republic and Northern Ireland are concerned about the implications of any reintroduction of tariffs post-Brexit. Read Full Story
The WTO has published its fifth review of the trade policies and practices of Switzerland and Liechtenstein, in which it noted that the trade regimes in both countries remain generally open. Read Full Story
The head of the Business Council of Canada has written to the Prime Minister to express concern over the future of Canada's trading partnership with the US and Mexico. Read Full Story
Mexico increased tax collections from 9.7 percent of GDP in 2013 to 13.1 percent of GDP in 2015 after introducing a series a tax reforms, the World Trade Organisation has said. Read Full Story
The UK Government needs to be prepared for the "worst case" result of Brexit negotiations: leaving the European Union without having reached a trade deal, members of parliament have said. Read Full Story
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