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Peter Ungphakorn
@CoppetainPU
, 5 tweets, 3 min read Read on Twitter
BREAKING: Two items on today's agenda concerned the problems in the appeals stage of @wto dispute settlement.

According to a WTO official:

1. The US again rejected a proposal from 116 WTO members to start selecting appeals judges to fill vacancies

1/3
2. The EU & Canada explained their interim arbitration arrangement for appealing first-stage rulings in legal disputes between them, after the Appellate Body ceases to function without replacement judges (post Dec 10).

See this joint statement: trade.ec.europa.eu/doclib/press/i…

2/3
More details will be on the @wto website soon: wto.org/english/news_e…

Meanwhile, an explanation:

Short version: tradebetablog.wordpress.com/2019/08/21/by-…
Long version: tradebetablog.wordpress.com/2019/08/21/bot…

3/3
@wto P.S. I knew it was somewhere. Here's the EU-Canada agreement on arbitration when appeal is not possible: docs.wto.org/dol2fe/Pages/S… Screenshot of the opening paragraphs of the linked document:<br /> <br /> STATEMENT ON A MECHANISM FOR DEVELOPING, DOCUMENTING AND SHARING<br /> PRACTICES AND PROCEDURES IN THE CONDUCT OF WTO DISPUTES<br /> <br /> Addendum<br /> <br /> The following communication, dated 25 July 2019, is being circulated at the request of the<br /> Delegations of Canada and the European Union.<br /> _______________<br /> INTERIM APPEAL ARBITRATION PURSUANT TO ARTICLE 25 OF THE DSU
@wto 👇🏽

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More from @CoppetainPU see all

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Peter Ungphakorn
@CoppetainPU
In case you missed it

Yesterday an arbitration panel authorised the largest ever retaliation in @wto history.

The US can impose tariffs or barriers to services trade on up to $7.5 billion of imports from the EU & member states, including the UK👇🏽

1/13

The US has chosen tariffs rather than barriers on services.

Details and explanations are in that thread (in 1/12 above👆🏽)

and here👇🏽.

It’s worth bearing in mind a number of key points.



2/13
The US has announced retaliation—10% added to tariffs on aircraft, and 25% for other products listed.

It isn’t unilateral. It’s fully legitimate under the WTO’s multilateral system which the UK helped to create & in which the UK is a full member.

ustr.gov/sites/default/…

3/13
Read 15 tweets
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Peter Ungphakorn
@CoppetainPU
Obscured by today's Brexit stories: the US list of raised tariffs (authorised by WTO members) retaliating for EU Airbus subsidies.

Some are targeted directly at the UK (nesoi = not elsewhere specified or included).

Lots more from section 4 onward: ustr.gov/sites/default/…

1/4 Screen shot of the first part of section 2 (UK)
UK products affected with 25% added tariffs include: whisk(e)y, clothing (including cashmere), sportswear, bedding, books and other printed matter, tools and machinery, liqueurs, meat, many types of cheeses and dairy goods, etc

More background here



2/4
And here:



3/4
Read 4 tweets
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Peter Ungphakorn
@CoppetainPU
Today's arbitration ruling in the case against the EU on Airbus subsidies.

The ruling sets a limit on the impact of US tariffs or services barriers raised in retaliation at $7,496,623,000 ($7.5 billion)

1/8
This is the conclusion of the arbitration. Remember, it's only about the scale of retaliation, after it already had been established that the EU's subsidies were illegal.

Note the US could retaliate on services, but prefers tariffs on goods

2/8
wto.org/english/tratop…
Here's the EU's statement in response:

europa.eu/rapid/press-re…

3/8
Read 10 tweets

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Missi White
@MissiWhite4
@Avery1776 @BenKTallmadge @SpiritOfLions @Livid2point0 @tonytombstoner1
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