Trump may be forced to leave the WTO.
January 25, 2017:
You know, Trump also just made the Keystone XL way more expensive (and illegal) to build
http://www.sfgate.com/technology/businessinsider/article/You-know-Trump-also-just-made-the-Keystone-XL-10884014.php
Trump’s way, as Reuters’ John Kemp put it, is a violation of about 70 years of international trade law. His second memorandum requires the Keystone pipeline to be built with US steel. Wilbur Ross, the Secretary of Commerce, must submit a plan in 180 days “under which all new pipelines, as well as retrofitted, repaired, or expanded pipelines, inside the borders of the United States ... use materials and equipment produced in the United States.”
...
That’s because this is the kind of action that gets you sued by the World Trade Organization. Member-nations (Like the United States) are supposed to allow companies to compete fairly on the price of goods. They’re not supposed to favor their domestic goods or materials over the goods or materials of other nations.
I’m glad Trump has signaled his administration’s approval of these pipelines, but the “American steel only” mandate is idiotic. The only authority the government has in this regard is to demand American-made products, equipment and raw materials for projects that are built with taxpayer funds.
So you have to use "steel dumping" companies?? And or inferior products?
OR must use foreign products?? BS
We are a sovereign country. Agreements are made in good faith. Therefore, WTO should not be necessary.
I think maybe these clowns might have missed a couple of things recently.
Why are you posting an old story? I don’t understand?
Yes that's what got us in this mess in the first place. If an American company wanted to build a pipeline in Canada it would be completely reasonable for Canada to require that Canadian materials and labor be used as a condition for approval.