The World Trade Organization's Dispute Settlement Body on May 23 heard China's first request to establish a dispute panel on Canada's surtax on Chinese products, including electric vehicles and steel and aluminum products, the WTO said. Canada said it's not ready to accept the panel at this time, punting the issue to the next DSB meeting, which is scheduled for June 23.

Lesotho formally accepted the World Trade Organization Agreement on Fisheries Subsidies on May 20, bringing the number of countries that have accepted the deal to 99. The WTO needs 12 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.

Russia opened a World Trade Organization dispute on May 19 against the EU's carbon border adjustment mechanism, arguing that the mechanism violates various provisions of the General Agreement on Tariffs and Trade 1994. Russia's request for consultations also covered the EU's scheme for greenhouse gas emissions allowances trading within the EU.

Georgia formally accepted the World Trade Organization Agreement on Fisheries Subsidies on May 19, bringing the number of countries that have accepted the deal to 98. The WTO needs 13 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.

Egypt opened a safeguard investigation on hot-rolled flat steel on April 22, the country told the World Trade Organization. Egypt's Ministry of Investment and Foreign Trade said interested parties should make themselves known within 30 days of April 22.

Bahrain formally accepted the World Trade Organization Agreement on Fisheries Subsidies on April 28, bringing the number of countries that have accepted the deal to 97. The WTO needs 14 more countries to accept to get to two-thirds of the membership, the threshold for the agreement to take effect.

The World Trade Organization's Dispute Settlement Body on April 25 agreed to establish a panel to review the EU's countervailing duties on new battery electric vehicles from China. The panel was created following China's second request to do so, because Beijing says the CVD violate Article VI of the General Agreement on Tariffs and Trade 1994 (see 2408140010).

Guatemala and Peru told the World Trade Organization on April 23 that they resolved a dispute brought by Guatemala against Peru's additional duties on imports of certain agricultural products. The Guatemalan government said Peru "has adopted the necessary measures to comply with the recommendations and rulings" of the Dispute Settlement Body. Specifically, the dispute concerned Peru's variable additional duties on agricultural products, which were calculated under a price band system. A DSB panel previously found that Peru's duties violate WTO commitments.

The EU opened arbitration proceedings at the World Trade Organization on April 24 to review a dispute panel's findings on China's enforcement of intellectual property rights. The EU started the proceedings under the WTO's Multi-Party Interim Appeal Arbitration Arrangement (MPIA), which has been regarded by some nations as an alternative to the defunct Appellate Body. The WTO said the case marks the second time both the EU and China have turned to the MPIA to settle a dispute between them.

World Trade Organization Director-General Ngozi Okonjo-Iweala told former U.S. Trade Representative Michael Froman that she had a meeting with USTR Jamieson Greer "yesterday that was a little bit comforting," but that the current 10% U.S. tariff on most countries, plus 25% tariffs on cars, steel and aluminum and some products from Canada and Mexico, and 145% tariffs on Chinese imports, if it lasts, will result in global merchandise trade falling by 0.2%. Before the actions, the WTO forecast a 2.7% growth in goods trade this year.