- Nov 1, 2016
- Reaction score
A soft way to reform global trade
The world’s two largest economies, the United States and China, are currently locked in a trade war. President Trump threatens to pull the US out of the World Trade Organization if it does not “shape up.” He has already gummed up the agency’s judicial process. Meanwhile, China is violating so many norms of international commerce that it is a defendant in half of all complaints before the 164-member WTO.