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China property giant Vanke reports annual loss of $6.8 bn
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Renault and Nissan shift gears on alliance
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Primark boss resigns after inappropriate behaviour allegation
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Aston Martin to sell stake in Formula One team
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Ingebrigtsen Sr, on trial for abusing Olympic champion, says he was 'overly protective'
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Chinese tech giant Huawei says profits fell 28% last year
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Trump says confident of TikTok deal before deadline
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Japan's Nikkei leads hefty market losses, gold hits record
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Japan's Nikkei leads hefty equity market losses; gold hits record
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Trump says US tariffs to hit 'all countries'
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At his academy, Romanian legend Hagi shapes future champions
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Clock ticks on Trump's reciprocal tariffs as countries seek reprieve
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China manufacturing activity grows at highest rate in a year
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Japan's Nikkei leads big losses in Asian markets as gold hits record
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Computer pioneer Microsoft turns 50 in the age of AI
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SpaceX to launch private astronauts on first crewed polar orbit
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'Working Man' tops N.America box office as 'Snow White' ticket sales melt
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European orbital rocket crashes after launch
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Prince Harry charity rift blows up as chair makes fresh allegations
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Iran police disperse pro-hijab protesters outside parliament
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Pentagon chief says US will ensure 'deterrence' across Taiwan Strait
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AI-powered drones track down fires in German forests
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China, South Korea and Japan agree to strengthen free trade
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US, China raise the stakes in Panama Canal ports row
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Australian black market tobacco sparks firebombings, budget hole
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Charity chair accuses Prince Harry of 'bullying' as row escalates
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WHO must cut budget by fifth after US pullout: email
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Scientists explain why Myanmar quake was so deadly
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French chefs quake as Michelin prepares new guide
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Mike Leigh on the 'hard truths' of film, happiness and World War III
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UK dreams of US trade deal before Trump tariffs
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Partial solar eclipse to cross swathe of Northern Hemisphere
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'Defiant' Canada autoworkers vow to fight tariff layoffs
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Elon Musk says xAI startup buying X platform
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Global markets slide as fears over US tariffs intensify
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Vance says Denmark has 'under invested' in Greenland
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Record fine for UK university renews free speech row
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French lawyers condemn 'sexism' of Depardieu's defence in abuse trial
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Stock markets slide over US inflation, tariff fears
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Vance lands in Greenland as anger mounts over Trump takeover bid
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US 'in arrears' at the WTO
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US Fed's preferred inflation gauge shows some cause for concern
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US 'in arrears' at the WTO
The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday.
"The chair of the committee on budget, finance, and administration informed members during the General Council meeting in February that the United States is currently in 'Category 1' arrears," Ismaila Dieng told AFP.
The United States did not pay its contribution for 2024, he said. Washington has also not yet paid its dues for 2025, though contributions from the WTO's 166 members often do not come in until mid-year.
Last year, the United States was due to pay around 23.2 million Swiss francs ($26.3 million) -- amounting to roughly 11 percent of the WTO's budget.
Category 1 arrears -- the least serious of three levels -- consist of those that have not paid their contributions for at least one year, but for less than two years.
The nine members currently in Category 1 arrears are Angola, Chile, Eswatini, Grenada, Haiti, Saint Vincent and the Grenadines, Suriname, Uganda and the United States.
WTO members in this category are not permitted to chair the Geneva-based global trade body's various bodies.
They are also not permitted to receive WTO documentation and are subject to reports at meetings of the organisation's General Council, its highest-level decision-making body in Geneva.
"Generally, arrears can impact the operational capacity of the WTO secretariat," said Dieng.
"But the secretariat continues to manage its resources prudently and has plans in place to enable it to operate within the financial limitations imposed by any arrears."
- Tariffs and Trump's order -
On February 4, Trump signed an executive order sparking a 180-day review all international organisations which the US is involved in or funds, to determine whether they are contrary to US interests or could be reformed.
A source close to the discussions at the WTO told AFP: "At the March 4 meeting, the US delegate indicated that the suspension of US contributions to the budgets of international organisations also affected the WTO."
The findings of the reviews will be presented to Trump along with recommendations as to whether Washington should withdraw from such bodies.
On March 7, back from meeting US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer in Washington, WTO chief Ngozi Okonjo-Iweala said "the indications I got is that they remain part of WTO".
Since returning to office, Trump has launched a widening trade war against the United States' main partners by threatening to ratch up tariffs.
Canada has launched two separate complaints at the WTO over Trump's tariff manoeuvres.
However, continuing a practice initiated under president Barack Obama, Washington keeps paralysing the WTO's final mechanism for resolving trade disputes by blocking the appointment of judges to its Appellate Body.
The United States put the block on for the 85th time on Monday.
A.Mykhailo--CPN