Finance Guide

Financial Decisions

Thursday, August 30, 2018

Trump threatened 'withdrawal from the World Trade Organization' !


 
JustForFinance Economy News

US President Donald Trump said the United States could leave the organization if the World Trade Organization (WTO) does not order itself.

"If the WTO does not organize itself, I will withdraw from the organization," trump told Bloomberg.

Trump said that the WTO should change its method, and that the organization has been "behaving badly" to Washington for some time.:

'OUR JUDGES ARE IN THE MINORITY'

"We ask the WTO for justice for the USA. This was a disaster for the United States and we want justice. We're losing the cases. We're always a minority among judges. Other countries have more judges than we do."

Trump continued:

"We're losing cases, and nobody knows why. I know why, because you don't have any judges leaving us. You have a minority. 3, 2, 3 on the other side of happening."It was a mistake that China was allowed to join the WTO," U.S. trade representative Robert Lighthizer said in January. It is said that Trump and Lighthizer have increased tensions between the US and China. The U.S. Customs duties on billions of dollars worth of goods sold to the U.S. market increased the tension between the two countries.

No comments:

Post a Comment