"The influx of visitors will likely generate billions of dollars in economic activity, benefiting the hospitality, transportation, and retail sectors. Host city hotels anticipate record occupancy, and local businesses will benefit from increased visitor traffic."
"We worked hard," WTO Director-General Ngozi Okonjo-Iweala said, adding that the US and Brazil in particular "need more time" to work out their differences over the agreement to impose levies on cross-border online orders.
We knew the story of the international rules-based order was partially false. Just because Canada benefited from it didn't hide the fact that it was unfair. The rules didn't apply equally to everyone. The strongest would exempt themselves when convenient. Power, not principle, set the terms.
We are not there yet. What we've agreed upon is to use any necessary tools, if needed, to stabilise the market, including the potential release of stockpiles.
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Most of the targets are U.N.-related agencies, commissions and advisory panels that focus on climate, labor and other issues that the Trump administration has categorized as catering to diversity and woke initiatives. The Trump Administration has found these institutions to be redundant in their scope, mismanaged, unnecessary, wasteful, poorly run, captured by the interests of actors advancing their own agendas contrary to our own, or a threat to our nation's sovereignty, freedoms, and general prosperity, the State Department said in a statement.
Ministers from the US, EU, UK, Japan, Australia and New Zealand will meet in Washington this week to discuss a strategic alliance over critical minerals. The summit is being seen as a step to repair transatlantic ties fractured by a year of conflict with Donald Trump and pave the way for other alliances to help countries de-risk from China, including one centred on steel.
We knew the story of the international rules-based order was partially false. That the strongest would exempt themselves when convenient. That trade rules were enforced asymmetrically. ... That international law applied with varying rigor depending on the identity of the accused or the victim,
There are more signs that the United States is disengaging from the global order established after World War II. President Donald Trump has ordered his administration to pull out of more than 60 agencies, half of them part of the United Nations. Trump argues that being a member of these organisations is contrary to his country's interests. The secretary of state went as far as saying they're useless or wasteful.
