Trade and national security. In a landmark ruling, the World Trade Organization said countries can impose trade restrictions to protect their national security interests. However, the WTO reserved the right to judge whether a certain national security threat qualifies. The ruling could have consequences for the steel and aluminum tariffs the U.S. said it was putting in place to safeguard its national security. It’s the first time the WTO has ruled on national security issues, and a day before the ruling the organization’s director-general, Roberto Azevedo, said that while sensitive questions like national security should be handled at the political level and not through a technical trade dispute mechanism, he acknowledged that the WTO had no choice but to address the case filed before it.
The U.S., Iran and Iraq. The Trump administration is reportedly planning to designate Iran’s Islamic Revolutionary Guard Corps as a foreign terrorist organization. It would be the first time t