US Orders World Trade Organization To Shape Up Or Else
The US mulls leaving the World Trade Organization. "If they don't shape up, I would withdraw from the WTO," said President Donald Trump in an interview with Bloomberg News on Aug.30. The president wants the organization to adopt rules more favorable to America. He believes the US is not treated fairly though it’s Washington who is pressing challenges against other states, including close trade partners, not vice versa. According to Mr. Trump, the 1994 agreement to establish the WTO "was the single worst trade deal ever made". Two years ago, then presidential candidate Trump told NBC's "Meet the Press," that the "World Trade Organization is a disaster."