Trade Policy Archives - Universal Group Of Institutions
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25Apr 2025

Is the World Trade Organization Losing Global Relevance?

Is the World Trade Organization Losing Global Relevance? Syllabus: GS-2: Bilateral Groupings & Agreements , Important International Institutions , Groupings & Agreements Involving India and/or Affecting India’s Interests , Deglobalisation & Protectionism Focus: The WTO faces a crisis of credibility with its dispute settlement mechanism paralyzed, negotiations stalled since the Doha Round, and rising unilateralism …

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05Apr 2025

US Tariffs on Uninhabited Islands Raise Eyebrows

Why in the News ? The US imposed a 10% tariff on imports from Australia-governed Heard and McDonald Islands, which have no trade activity. Experts are puzzled, calling it symbolic or erroneous, given the islands’ ecological value and status as a protected nature reserve. Background and Geopolitical Context: The US President recently imposed a 10% …

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