Trump’s Threat to Leave the WTO Could Be a Saving Grace



Shawn Donnan, Bryce Baschuk | Bloomberg

It’s easy to think of President Trump’s trade assault on China as a one-on-one battle fought almost wholly with tariffs between two nations that, for very different reasons, depend heavily on goods and services that cross their borders. The world’s two largest economies have this year alone imposed import taxes on more than $360 billion in annual trade with each other. That’s left much of the rest of the world looking like bystanders as the accusations about unfair trade practices fly. Yet the biggest long-term impact of the U.S.-China cage match may be felt not in Washington or Beijing, but in Geneva, home to the World Trade Organization… Read More Here