India should prepare for changing dynamics
The governments called on the World Trade Organization to beef up existing regulations, which they said in a statement are "insufficient to tackle market and trade distorting subsidisation
The appellate branch of the WTO's Dispute Settlement Body, sometimes called the supreme court of world trade, will stop functioning on Wednesday after years of relentless US opposition
Developing country status in the WTO allows governments longer timelines for implementing free trade commitments, as well as the ability to protect some domestic industry and maintain subsidies
Trump singled out China in a memo to U.S. Trade Representative Robert Lighthizer, saying that "the United States has never accepted China's claim to developing-country status"
Trump, who has previously criticized the WTO's dispute settlement system as being unfavourable to the US