U.S. Walks Out of World Trade Organization Court

Dec 13, 2019  | 1 min  | Ep4517
This coming week, the dispute mechanism at the World Trade Organization will come to an effective halt over a lack of judges. 
While initial complaints can be heard in the global trade court, appeals will not be acted upon due to a lack of judges on the appeals panel. 
Since the beginning of the WTO in 1995, the United States has brought more complaints to the court than any other country, and has won 90 percent of those cases. 
Two thirds of cases brought to the WTO are settled before the hearing phase. 
Experts worry that without a mechanism to settle trade disputes, trade between countries will become more volatile and uncertain. 
For Market to Market, I’m Peter Tubbs

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