President Trump Ends WTO Dispute Resolution Court, Opens New Era of Fair Trade


bigstock Wto World Trade Organization 330232612(Worthy News) – When President Trump ended the 24-year-old World Trade Organization (WTO) dispute resolution court by refusing to name two replacement judges, the move has launched a new era of fair trade.

Axios called the Dec. 11 demise of the WTO Appellate Body as a big win for Donald “Tariff Man” Trump who would now be “free to impose whatever tariffs he likes, without fear that the WTO might find them to be illegal.” Within 24 hours, the U.S. Congress agreed to a new NAFTA trade deal and China cut a deal for a U.S. trade war truce.

The World Trade Organization (WTO) treaty signed by 164 nations transferred final authority over trade disagreements between nations to a multilateral trade dispute settlement organization with an Appellate Body that could issue legally binding edicts. [ Source: Epoch Times (Read More…) ]

10
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Thousands Protest Hungarian Government Over Constitutional Changes
Israel Warns U.S. of Fresh Iranian Plot to Assassinate Trump
Trump Presses GOP to Pair $350 Billion Defense Push With Nationwide Voter ID Bill
Report: Christians Face Deadly Persecution as Nigeria’s Violence Escalates
Trump Presses NATO Allies, Backs Ukraine Patriot Production in Ankara Summit
Trump Warns Communism Is ‘Taking Root’ in America, Calls It a Mortal Threat to Liberty
Trump Peace Board Prepares Humanitarian Zones in Southern Gaza Outside Hamas Control
Hundreds Of Thousands Of Acres Burn As Fires Spread In West
Trump Warns Iran After Second Wave of U.S. Strikes: ‘Every Time They Hit Us, We’re Going to Hit Them 20 to 1’
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News