This week, the WTO’s Appellate Body, the dispute settlement body, became inoperational: it no longer has the necessary number of judges to render verdicts. What does this mean for international trade and multilateralism? Are we now living in a world without dispute settlement? This week, I am joined by Alan Beattie, the author of the FT’s new Trade Secrets newsletter, and Alicia García-Herrero to discuss the crisis of the Appellate Body.