Argentina Faces the Hammer The EU formally requested WTO consultations with Argentina over the latter's non-automatic import licensing and its requirement that importers balance their purchases with exports. If unresolved in the next 60 days, the EU can request the formation of a WTO dispute settlement panel (DSP). U.S. business representatives meeting next week are likely to ask USTR to join the complaint. At least 19 countries have complained about Argentina's behavior. Buenos Aires is likely to reject a panel formation, which would kick the decision to the next meeting of the TSP committee but would not remove a day of reckoning. Cost of Being Outside TPP South Korea this week said it would like to join the Trans-Pacific Partnership...