Posted on 12/09/2019 6:59:06 PM PST by Olog-hai
Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle.’’
The United States, under a president who favors a go-it-alone approach to economics and diplomacy, appears to prefer it that way.
The terms of two of the last three judges on the WTO’s appellate body neared their end at midnight Tuesday. Their departure will deprive the de facto Supreme Court of world trade of its ability to issue rulings.
Among the disputes left in limbo are seven cases that have been brought against Trump’s decision last year to declare foreign steel and aluminum a threat to U.S. national security and to hit them with import taxes.
The WTO’s lower court — its dispute settlement body — can hear cases. But its decisions will go nowhere if the loser appeals to a higher court that is no longer functioning. …
(Excerpt) Read more at apnews.com ...
And if the Ass Press wasn’t whining about it, no one would know or care that another worthless international agency will fold without tax money from the American taxpayer.
Good start — now shut down the International Court (which I think we ignore anyway) and, of course, the UN.
More winning. UN next?
This is because of the faporable terms under which China was allowed into the WTO.,
It’s ONLY because of that.
The media won’t say it though.
I WISH! (UN)
Multiple left wing articles on this topic today. I smile as I read their squeals.
Winning on all fronts.
Liberal rules are s**t.
Period.
Liberals think if they can control everything, they can achieve paradise on earth.
It is a fool’s errand of course.
The law of the jungle is fine. The WTO was corrupt.
Each country supplies their own rules. It is called national sovereignty. We don’t need yet another authority that is not a country involved.
This is a GIGANTIC win for the United States and President Trump:
The United States, under a president who favors a go-it-alone approach to economics and diplomacy, appears to prefer it that way.
The United States, under a President that doesn’t want to see the US get screwed any longer by the rest of the world and make Congress and Wall St more rich than they already are, wants bi-lateral deals which are much easier to negotiate and enforce than being in one with a group of Socialists that hate the US.
Reason #479 why Donald J Trump was elected President of the United States and stands to be one of the greatest Presidents in history.......
“President Trump has made it clear throughout his term that he has no time for multilateral deals and even less time for WTO judges telling him what he can and cannot do.”
It is ironic that the left is now upset. Years ago in about 95 or 96 the streets of Seattle will filled with lefties in gas masks protesting AGAINST the WTO. Their riots lasted for days and were known as the Battle for Seattle.
Trash cans were set on fire. My building was taped in while the police used tear gas. These were protests against the WTO. Lots of big signs, street fighting by lefties in protest of it.
I got the date wrong. It was 1999 when the WTO met in Seattle.
They still fight it today, publicly. In their backrooms, Bilderberg conferences and jet-setting retreats, they’re all about it. That’s how they amass their fortunes and keep it all in The Club.
What is sad, and funny, is watching the white, rich kid, useful idiots running around in hoodies and bandana’s thinking they’re taking the fight to the Man. Too bad they’re too doing all of their protesting and damage in support of the very same Man they’re protesting.
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