EU Trade Commissioner Phil Hogan, US Trade Representative Robert Lighthizer and Japanese Trade Minister Hiroshi Kajiyama agreed on Tuesday 14 January in Washington on concrete elements to tackle the crisis in the multilateral trading system and to rebalance their trade with China.
In 2017, the EU, the United States and Japan began talks on the basis of the finding that the World Trade Organisation (WTO) was not equipped to fight against abuses of the Chinese economic model.
On Tuesday, in a...