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EXPLAINED: 2 | Vintage Vibes

Global trade tensions test WTO as reform battle begins in Yaoundé

Trade ministers from 166 countries are gathering in Cameroon’s capital this week for a high-stakes World Trade Organisation meeting – with divisions over reform, digital trade and development raising doubts about whether the body can adapt to a rapidly changing world.

Radio France Internationale

A crucial meeting aims to remake the WTO to fit the new global order

With the global rules-based order collapsing, the United Nations faces an existential crisis as the United States leads other countries in defunding and withdrawing from key agencies such as the World Health Organization.

The Conversation

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

The Guardian - US

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Africa needs to fight for a better deal on world trade rules: it should lead the charge on these 3 priorities at this week’s WTO meeting

African countries face many trade barriers today. Wealthier countries subsidise their farmers, making African agricultural exports less competitive. Global trade rules promise extra support but are rarely implemented. Many African countries also lack the infrastructure, funding or political will to build industries. This leaves them stuck exporting raw materials instead…

The Conversation

Global trade grew in 2025 despite Trump tariffs, two reports show

The WTO's latest global trade outlook finds 4.6% growth in global goods trade last year.

Axios

Stocks close down as oil rises and gold retreats

The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.

Evening Standard

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

The Guardian - UK

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Deus Ex's maligned sequel was the most 2026 game of 2003⁠: It clocked the 21st century even harder than Metal Gear Solid 2

Give me Deus Ex (Invisible War)

PC Gamer

The Iran war is giving rise to a centuries-old economic theory—and laying waste to the WTO-based world order

Also: All the news and watercooler chat from Fortune.

Fortune

Australia can no longer be complacent about Trump’s America. It’s time to chart a new course

Australia faces a more complex and dangerous world than at any time since the threat of Japanese invasion during the second world war.

The Conversation

European Commission targets WTO’s key rule in push to rebalance China trade

EU Trade Commissioner Maroš Šefčovič calls to reassess the World Trade Organization’s “Most Favoured Nation” rule with China in focus. Chinese exports have surged since the country joined the trade body.

Euronews

FTSE 100 climbs as US jobs data beats expectations

The FTSE 100 index closed up 118.27 points, or 1.1%, at 10,472.11.

Evening Standard

Tariffs might seem manageable now – but they’ll quietly squeeze households later

For more than a year, major institutions like the World Trade Organization (WTO) have been warning that rising tariffs and policy uncertainty would stifle global growth. This is reflected in the ways governments have been deploying tariffs unpredictably. Notably, the US has increasingly deployed threats and sudden tariff swings as…

The Conversation

What Canada can learn from Mexico’s approach to U.S. trade

When United States President Trump imposed tariffs on Canada and Mexico in early 2025, the two countries reacted very differently. Canada led with an “elbows up” campaign involving counter-tariffs and boycotts of American alcohol.

The Conversation

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The Conversation

The World Trade Organization is on life support. Will Trump’s new rules finish it off?

The United States has now withdrawn from 66 international organisations, conventions and treaties, illegally invaded Venezuela, and promoted an “America First” agenda in its new National Security Strategy.

The Conversation

The rise and fall of globalisation: why the world’s next financial meltdown could be much worse with the US on the sidelines

This is the second in a two-part series. Read part one here.

Fortune

WTO director-general says calling the trade wars the greatest disruption since the 1930s is 'the understatement of the century'—but it's not a repeat

"I think that a lot of the criticisms made by the U.S. of the system are valid," Dr.  Ngozi Okonjo-Iweala said at the Fortune Global Forum.

Euronews

Feeling the strain: Italian pasta makers reach boiling point over Trump tariffs

Faced with the threat of exorbitant US tariffs, Italian pasta producers are hoping for political support — and that they will not have to wait for a legal resolution to their case.

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International Business Times

WTO Hikes 2025 Trade Growth Outlook But Tariffs To Bite In 2026

The Independent UK

The World Trade Organization has sharply raised its forecast for trade growth in goods this year

Euronews

China gives up WTO developing-country status as tariff tensions linger

The US has long argued China should give up the developing-country status because it is the world’s second-largest economy.

The Independent UK

China gives up developing-country treatment in bid to boost WTO in face of Trump tariffs

China will no longer seek the special treatment given to developing countries in World Trade Organization agreements — a change long demanded by the United States

The Conversation

What the WTO’s deal to curb fisheries subsidies means and what it could achieve

After nearly 25 years of negotiations, the World Trade Organization (WTO) finally has its first legally binding agreement to tackle government fisheries subsidies. After two-thirds of WTO members ratified the Agreement on Fisheries Subsidies, the deal has entered into force. It marks a long-overdue step toward addressing the role harmful…

Radio France Internationale

Landmark WTO deal shifts course in global effort to curb overfishing

A global deal to protect fish stocks that billions of people rely on for food and jobs came into force this week after more than 20 years of talks. Governments have agreed to stop giving subsidies to boats that break rules against overfishing – but the agreement does not yet…

Euronews

Why the European Union won't hit China with the 100% tariffs that Trump wants

Donald Trump's request for 100% tariffs on China is unlikely to gather the necessary support among European Union countries.

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