US President Donald Trump Threatens To Withdraw From WTO
President Donald Trump has threatened to withdraw the United States from the world trade organization if the body fails to change the way it treats America. In an interview with Bloomberg news, he said if they don't shape up, he would withdraw from the WTO. The WTO was established to provide rules for global trade and resolve disputes between countries. His warning about a possible us pull-out from the Organisation highlights the conflict between the president's trade policies and the open trade system that the WTO oversees.
Meanwhile, Washington has recently been blocking the election of new judges to the WTO'S dispute settlement system, which could potentially paralyze its ability to issue judgments.