Trump threatens to withdraw US from WTO ‘if they don’t shape up’
Homeland Security Secretary Kirstjen Nielsen (R) listens as U.S. President Donald Trump speaks during a meeting with Republican members of the Senate about immigration at the White House in Washington, U.S., January 4, 2018. REUTERS/Kevin Lamarque - RC1392C5E5E0
Washington: US President Donald Trump threatened in an interview with Bloomberg News on Thursday to withdraw from the World Trade Organization if “they don’t shape up,” in his latest criticism of the institution.
Such a move could undermine one of the foundations of the modern global trading system, which the United States was instrumental in creating.
“If they don’t shape up, I would withdraw from the WTO,” Trump said.
Trump has complained the United States is treated unfairly in global trade and has blamed the WTO for allowing that to happen. He has also warned he could take action against the global body, although he has not specified what form that could take.