Posted on 12/13/2019 9:31:28 AM PST by caww
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....... 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..... with the Trump administration refusing to support the required “consensus” necessary to extend or appoint two new justices by Dec. 10, the Appellate Body under the WTO treaty is now 'unable to “hear” trade cases or issue 'unilaterally binding edicts'.
Trump’s added trade clout after defanging of the WTO on Dec. 11 appears to be a factor in a series of quick moving developments.
Trump promised voters that he would send the job of killing the WTO treaty to the “ash heap of history.” Just months after his inauguration, Trump appointed Robert Lighthizer as United States trade representative. As the former Deputy U.S. Trade Representative under President Ronald Reagan in the 1980s, he had been a fierce critic of how the WTO’s dispute resolution process constrained America’s ability to protect its workers. Lighthizer during his confirmation told the Senate Finance Committee that WTO had morphed “from a negotiation forum to a litigation forum.”
Lighthizer believes that the WTO is fatally flawed because it was designed before the parties understood how much the internet would disrupt commerce and how China would come to dominate global manufacturing. Since his appointment, Lighthizer has targeted the WTO Appellate Body with a campaign of criticizing its rulings and ignoring its authority.
(Excerpt) Read more at theepochtimes.com ...
I Ain’t Now Way Tired Of Winning Yet!!
Still winning.
President Trump has defanged/neutered/rendered useless the WTO!
President ‘Trump Ends WTO Dispute Resolution Court’, Opens ‘New Era of Fair Trade’.......
theepochtimes. ^ | 12/13/2019 | Chriss Street
Posted on 12/13/2019, 9:31:28 AM by caww
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....... 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..... with the Trump administration refusing to support the required “consensus” necessary to extend or appoint two new justices by Dec. 10, the Appellate Body under the WTO treaty is now ‘unable to “hear” trade cases or issue ‘unilaterally binding edicts’.
Trump’s added trade clout after defanging of the WTO on Dec. 11 appears to be a factor in a series of quick moving developments.
President Trump, while you are destroying international globalist bodies that are institutionally biased against the United States of America, might I suggest you consider the United Nations?
Note to NATO, you could be next...
MORE WINNING! Learn to love it! No wonder Democrats have to impeach!
“Consider the United Nations”
From your lips to God’s ears, and hopefully to the person the administration has monitoring FreeRepublic!
Good job!
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