GENEVA — The U.S. and the European Union leaned on China in a World Trade Organization forum last week over its widespread use of trade-distorting subsidies, its weak enforcement record of intellectual-property rights and other impediments to global competition.
Michael Punke, U.S. ambassador to the WTO, took China to task over the dominant role of government in trying to manage trade and its lavish outlay of subsidies, especially to state-owned enterprises.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)