WTO's Azevedo Says First Impressions of Phase-One China Deal Are Good

The video discusses the recent trade agreement between the US and China, its implications for WTO members, and the challenges in the WTO's dispute resolution mechanism. It highlights concerns from the US, EU, and Japan about China's subsidies and the need for updated WTO rules. The video also explores the lack of arbitration in the US-China agreement and the broader issues within the WTO's appellate body.

What are the implications of the recent agreement between the United States and China for the WTO?

How do you think the WTO members will react to the agreement between the US and China?

What concerns might arise regarding the enforcement mechanisms of the agreement?

In what ways do you think the dispute resolution mechanism at the WTO could be improved?

What are the main criticisms of the WTO's appellate body as mentioned in the discussion?

How does the US administration view the compensation of members on the appellate body?

What challenges do you foresee in negotiating new rules regarding subsidies with China?