Daily News

UK trade official: Like-minded countries need tools to fight ‘pernicious’ subsidies

November 11, 2021 at 3:54 PM
Like-minded, free-market countries must “set the direction” of global trade policy to fight non-market practices and subsidies, United Kingdom Minister for Trade Policy Penny Mordaunt said on Thursday, arguing the use and creation of both offensive and defensive tools among such partners must be “mainstream.” Mordaunt’s comments during the Chatham House’s Global Trade Conference underscore a main theme of the G7 trade ministers’ work this year, with the UK as host – tackling unfair and non-market trade practices. The issue...


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