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The WTO ministerial in Yaounde is struggling to reach consensus on key reforms, with the US and India at odds over digital trade and subsidies. The conference faces a risk of collapse if no agreement is made, as global trade faces turbulence from conflicts and protectionism.
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During a WTO meeting in Cameroon, China and the US discussed the importance of trade relations, emphasizing cooperation and mutual benefits. China expressed concern over US investigations into forced labor, highlighting ongoing tensions in trade policies.
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China announced new trade investigations in response to US Section 301 probes targeting Chinese policies and exports. The Chinese probes aim to safeguard domestic industries and could influence ongoing trade negotiations, with both sides signaling reciprocal measures amid a fragile trade truce.