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As WTO members discuss all this, they will also have to deal with the threat to the dispute settlement system of the WTO. The 164 economies which make up the WTO’s membership account for 98 percent of global trade — and all of this is underpinned by the WTO's dispute settlement system. This is the mechanism through which members hold each other to account for perceived infractions and which prevents trade disputes from escalating into much more serious confrontations. As such, it is one of the fundamental pillars of global economic governance — and it is highly effective. Many disputes are resolved before they reach the litigation stage, but when they do proceed to that stage compliance with rulings is very high, about 90 percent.

As for making ventilators, the carmakers said that they had not been given any contracts yet by the Federal Emergency Management Agency, and that the White House had failed to make a decision about who should be supplying the ventilators, which help critically ill patients breathe.

As growth slows amid competition, company seeks new investment

As US President Donald Trump has said, there is a brighter path available for North Korea if it chooses denuclearization, Huckabee Sanders said.

As a countermeasure against the US unilateral move to slap massive tariffs on Chinese imports, China in early April suspended tariff concessions on 128 items of US products and started to impose a tariff of 15 percent on 120 items, including ginseng.