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Home » World » Trump threatens to pull US out of WTO if it doesn’t ‘pull up’

Trump threatens to pull US out of WTO if it doesn’t ‘pull up’

By Newsd
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Trump threatens to pull US out of WTO if it doesn’t ‘pull up’
Source: The Indian Express

US president Donald Trump has threatened to upend the rules of global trade saying that he would pull out of the World Trade Organisation unless it adopts rules more favourable to the United States.

“If they don’t shape up, I would withdraw from the WTO,” said Donald Trump while speaking with Bloomberg News.

The WTO was established to provide rules for global trade and resolve disputes between countries.

But Mr Trump, who has been pushing protectionist policies, says the US is treated unfairly by the body. His warning about a possible US pull-out from the organisation highlights the conflict between the president’s trade policies and the open trade system that the WTO oversees.

Trump reportedly rejected the European Union proposal describing it as “not good enough’, and scrapping tariffs on automobiles, a move which threatens to amplify a simmering trans-Atlantic trade dispute.

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