WTO and Inclusion There is much frustration in Geneva over the policy gridlock at the WTO. The EU has proposed a set of three objectives for the institution:
trade policy and state intervention in support of industrial sectors (looking at you China and Biden’s IRA); trade and global environmental challenges; and trade and inclusiveness.
If trade is economic opportunism, then profit-seeking is inherently inclusive. With 164 nations represented, the WTO is diverse by design. This week’s announcement of new committee chairs results in six (46 percent) of the 13 leads being female ambassadors. The director general is an African female, and half of the deputy director generals are female. At the staff level...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...