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  1. #1
    gleeful gleeful is offline

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    Trump trying to kill the WTO?

    Trump is loading up protectionist tariffs on imported goods. Today its washing machines and solar panels. This is likely illegal under WTO rules:

    https://www.reuters.com/article/usa-...-idUSL4N1PI1AV

    “China will work with other WTO members to resolutely defend its legitimate interests in response to the erroneous U.S. decision.”

    So what happens when China brings a case at the WTO? Well, the US has been actively blocking the appointment of judges - meaning there is a massive backlog in cases.

    https://www.economist.com/news/finan...-america-holds

    "Trouble is brewing at the WTO’s court of appeals. It is meant to have seven serving judges, but has only five and by the end of the year will have just four. The Americans refuse to start the process of filling the spots, citing systemic concerns. What seemed an arcane procedural row has become what some call a “crisis”."

    Cases are already taking 6 times longer on average than they used to. It seems that Trumps plan is to cause the WTO to implode and then once the global trade system is broken, he can do what he likes.

    Where does this leave the Brexit plan to revert to WTO rules?
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  2. #2
    tsarbomb tsarbomb is offline
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    This is probably just a negotiating tactic on the part of the US. The dispute settlement process in the WTO is a very long and drawn out process, which gives all parties plenty of time to settle any issues. On the other hand, the US has a history of gaming the WTO rules for its own benefit so this is nothing really new.

    https://piie.com/publications/chapte.../04iie3632.pdf

    https://en.wikipedia.org/wiki/Disput...e_Organization
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  3. #3
    Dame_Enda Dame_Enda is online now
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    The WTO system should be dismantled. Its merely a tool for weakening the West by relocating manufacturing and textiles to China and its satellites.
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  4. #4
    firefly123 firefly123 is offline
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    Quote Originally Posted by Dame_Enda View Post
    The WTO system should be dismantled. Its merely a tool for weakening the West by relocating manufacturing and textiles to China and its satellites.
    Merely.
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  5. #5
    Trainwreck Trainwreck is offline

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    Quote Originally Posted by gleeful View Post
    Trump is loading up protectionist tariffs on imported goods. Today its washing machines and solar panels. This is likely illegal under WTO rules:

    https://www.reuters.com/article/usa-...-idUSL4N1PI1AV

    “China will work with other WTO members to resolutely defend its legitimate interests in response to the erroneous U.S. decision.”

    So what happens when China brings a case at the WTO? Well, the US has been actively blocking the appointment of judges - meaning there is a massive backlog in cases.

    https://www.economist.com/news/finan...-america-holds

    "Trouble is brewing at the WTO’s court of appeals. It is meant to have seven serving judges, but has only five and by the end of the year will have just four. The Americans refuse to start the process of filling the spots, citing systemic concerns. What seemed an arcane procedural row has become what some call a “crisis”."

    Cases are already taking 6 times longer on average than they used to. It seems that Trumps plan is to cause the WTO to implode and then once the global trade system is broken, he can do what he likes.

    Where does this leave the Brexit plan to revert to WTO rules?

    And the correct response, would be for the rest of the world to do nothing.

    Like when the EU has massive subsidies and restrictions on trade, the best response is do nothing. Let the EU and American governments make American or US consumers pay more for a reduced choice of products. There is nothing you can do about that.

    Making your own consumers do the same - pay more and get less - is ridiculous. A bit like trying to get someone to stop beating themselves over the head, by threatening to beat yourself on the head.
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  6. #6
    hollandia hollandia is offline
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    I see this development has the brexiteers scratching their heads. It would be quite an outcome if they didn't even get WTO terms, because their mate Trump scuppers the WTO...
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  7. #7
    statsman statsman is offline
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    Quote Originally Posted by hollandia View Post
    I see this development has the brexiteers scratching their heads. It would be quite an outcome if they didn't even get WTO terms, because their mate Trump scuppers the WTO...
    My thoughts exactly. Who said Trump was all bad?
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  8. #8
    CookieMonster CookieMonster is offline

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    Quote Originally Posted by gleeful View Post
    Trump is loading up protectionist tariffs on imported goods. Today its washing machines and solar panels. This is likely illegal under WTO rules:

    https://www.reuters.com/article/usa-...-idUSL4N1PI1AV

    “China will work with other WTO members to resolutely defend its legitimate interests in response to the erroneous U.S. decision.”

    So what happens when China brings a case at the WTO? Well, the US has been actively blocking the appointment of judges - meaning there is a massive backlog in cases.

    https://www.economist.com/news/finan...-america-holds

    "Trouble is brewing at the WTO’s court of appeals. It is meant to have seven serving judges, but has only five and by the end of the year will have just four. The Americans refuse to start the process of filling the spots, citing systemic concerns. What seemed an arcane procedural row has become what some call a “crisis”."

    Cases are already taking 6 times longer on average than they used to. It seems that Trumps plan is to cause the WTO to implode and then once the global trade system is broken, he can do what he likes.

    Where does this leave the Brexit plan to revert to WTO rules?
    Trump doesn't know what he's doing. He's just doing things. When he's told he can't do those things he'll do other things.
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  9. #9
    Dublin 4 Dublin 4 is offline
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    Quote Originally Posted by hollandia View Post
    I see this development has the brexiteers scratching their heads. It would be quite an outcome if they didn't even get WTO terms, because their mate Trump scuppers the WTO...
    Not the slightest bit worried.

    Who would worry about a hypothesis?

    If worst came to the worst re the WTO
    then Goodwill between the Commonwealth Nations would prevail.

    Gonna need a better Project Fear again
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  10. #10
    gerhard dengler gerhard dengler is offline
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    Quote Originally Posted by gleeful View Post
    Trump is loading up protectionist tariffs on imported goods. Today its washing machines and solar panels. This is likely illegal under WTO rules:

    https://www.reuters.com/article/usa-...-idUSL4N1PI1AV

    “China will work with other WTO members to resolutely defend its legitimate interests in response to the erroneous U.S. decision.”

    So what happens when China brings a case at the WTO? Well, the US has been actively blocking the appointment of judges - meaning there is a massive backlog in cases.

    https://www.economist.com/news/finan...-america-holds

    "Trouble is brewing at the WTO’s court of appeals. It is meant to have seven serving judges, but has only five and by the end of the year will have just four. The Americans refuse to start the process of filling the spots, citing systemic concerns. What seemed an arcane procedural row has become what some call a “crisis”."

    Cases are already taking 6 times longer on average than they used to. It seems that Trumps plan is to cause the WTO to implode and then once the global trade system is broken, he can do what he likes.

    Where does this leave the Brexit plan to revert to WTO rules?
    It's an interesting theory that you put forward here. If Trump is seeking to smash the WTO, then this could have ramifications for Brexit.
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