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She reiterated that amid high inflation, removal of additional US tariffs on imports from China would protect the fundamental interests of US consumers and businesses. Shu recalled that US Commerce Secretary Gina Raimondo said recently the US President has given the order to look into the option of lifting some additional tariffs on China in order to combat the current high inflation level. That alone can provide reliable access to essential goods and services, which can boost their economies and stabilize the job market, he said. All the countries and regions depend on open, transparent and rules-based trade. Given the impact of the COVID-19 pandemic and the rising prices of commodities and energy, global trade has become even more important now than before.

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Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies, said WTO reform and free trade deals acquire added significance amid a partial and uneven global economic recovery. 'At present, WTO members are engaged in intensive consultations on intellectual property rights exemption for COVID-19 vaccines, epidemic response, fisheries subsidies, agriculture, food security and other topics,' she said, adding they will also discuss the future priorities of the WTO during the upcoming conference. All parties are keen to see the WTO resume normal operations at an early date and advance its rules, Shu said. Moreover, the severe COVID-19 pandemic situation has created challenges for the WTO. They formally notified the WTO that the interim appeals arrangement had entered into force and invited other WTO members to participate on May 1, 2020. The appellate body under the dispute settlement mechanism of the WTO has been suspended, and the authority and effectiveness of the WTO have been seriously threatened, Shu noted.ДЄfter the appellate body under the WTO's dispute settlement mechanism got paralyzed in late 2019, a number of WTO members, including Australia, Canada, China and the European Union, jointly issued a ministerial statement that they have decided to establish the multi-party Interim Appeal Arbitration Arrangement in March 2020. Since economic globalization has encountered headwinds, unilateralism and protectionism have been on the rise in recent years. The country will also bolster the status of the multilateral trading system as the main channel of making international rules, said Shu Jueting, spokeswoman for the Commerce Ministry.ДЄttended by trade ministers and other senior officials from the organization's more than 160 members, the MC12 is the WTO's highest decision-making body. The ministry made the remarks ahead of the 12th Ministerial Conference of the WTO to be held in Geneva, Switzerland, from Sunday to Wednesday.Д¬hina's Commerce Minister Wang Wentao will attend the meeting, which is branded as the 'MC12'.Д¬hina will actively participate in the MC12, and support the reform of the WTO in the right direction. Nation will champion cause of developing countries' rights, ministry saysД¬hina will uphold reform and inclusive growth of the World Trade Organization, and champion the cause of legitimate rights of developing countries so that the multilateral trading system can play a bigger role in addressing global challenges and facilitating post-COVID economic recovery, the Ministry of Commerce said on Thursday.

One of its most popular store displays is the massive table of Department 56 holiday dioramas.ДЇor years, the company was famous for supplying Christmas lights to The Church of Jesus Christ of Latter-day Saints for its Christmas displays on Temple Square - until the shows there got so big the church started buying its own lights wholesale.Cars await loading at Yantai Port, Shandong province, on Thursday. Modern Display specializes in decor for home and for businesses, and also caters to the trade-show and expo market.

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The Salt Lake City location, Vriens said, has вЂњbeen a great place for our family to grow, to learn how to work, and to carry on my grandpaвЂ™s legacy.вЂќ VriensвЂ™ grandfather founded the company in the 1940s. вЂњItвЂ™s bitter because itвЂ™s not fun to be leaving our вЂhome,вЂ™ but sweet because weвЂ™re still around, just moving,вЂќ said Spencer Vriens, executive vice president of Modern Display, said in a statement. The new location needs a remodeling, the company said in a news release, and is expected to open in August. The company will be moving to Murray, to a former Shopko location at 5959 S. 700 East in Salt Lake is relocating to Murray. (Francisco Kjolseth | The Salt Lake Tribune) Modern Display, pictured on Thursday, June 9, 2022, at 424 S.

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