Friday, June 29, 2018

Trump Threatens to Pull Out of World Trade Organization

President Trump has repeatedly told top White House officials he wants to withdraw the United States from the World Trade Organization, reports Axios.

 “He’s [threatened to withdraw] 100 times," according to an Axios source, The source added that Trump has frequently told advisers, "We always get fucked by them [the WTO]. I don’t know why we’re in it. The WTO is designed by the rest of the world to screw the United States.

To be sure, WTO is about limited global, crony style trade, but crony trade is better than no trade. Given Trump's mercantilist views, a Trump pull out from WTO would not lead to more trade, it would lead to less trade. Thus lowering the standard of living in the United States and around the world.



  1. Idiot logic: "if there is no crony trade, there is no trade."

    RW: advocate of cronyism.

    1. Philip Martin: advocate of tariffs

    2. Evan Smiley, dirty cronist shit head

    3. Re Phillip Martin,

      Phillip Martin: mendacious fvck.

      You sure spun that one hard. RW didn't say "no crony trade means no trade". He's arguing that crony trade is better than stopping trade altogether whichbis what Trump is looking for.

    4. Horse shit, you sniveling ball licker. RW has always used this false dichotomy, example: "but crony trade is better than no trade."

      He, just like you, is a neoliberal, status quo loving hypocrite.

  2. Pretty simple to understand, if 10% of goods are traded amongst nations freely, and we reach agreements to increase that to 20%, that's an improvement in economic freedom. It would be interesting to know what % of goods cross our borders tariff/tax free.

  3. Wenzel shills for the neoliberal status quo yet again.