Report: Trump Wants to Quit the World Trade Organization

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President Trump has told White House officials that he wants to withdraw the United States from the World Trade Organization, according to a report on Axios, in a move that would throw global trade into chaos.

“He’s [threatened to withdraw] 100 times. It would totally [mess] us [up] as a country,” an unnamed source who’s discussed the subject with Trump told the news site. The same source said Trump has frequently told advisers: “We always get [messed over] by them [the WTO]. I don’t know why we’re in it. The WTO is designed by the rest of the world to screw the United States.” A U.S. withdrawal from the WTO would cast trillions of dollars of trade into doubt and throw a bomb under an institution that has been a pillar of global economic and political stability for over seven decades. Trump’s advisers and the trade community are not seriously entertaining the possibility that Trump would try to withdraw. A top trade lawyer in Washington told Axios: “We think he’s nuts, but not that nuts.” Read more at Axios.

1 COMMENT

  1. This is Trump’s negotiations technic. Look what happened with North Korea: all the “experts” were shushing Trump, yet it is exactly the tough treatment that achieved in a few months what decades of establishment’s apeasment failed to achieve. The bottom line is that WTO needs USA more than USA needs WTO. Trump is working them into setting up a deal that is favorable to the United States for a change.

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