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Donald Trump threatens to leave the World Trade Organization

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The World Trade Organization was established to set the terms for trade between the countries of the world and to resolve disputes between countries.

Trump, who imposed several taxes to protect local industry from foreign markets, said the United States had not been treated by the World Trade Organization.

Trump has accused the World Trade Organization of being unfair, before being elected as the US President.

Last year, Fox told a TV interview: "The World Trade Organization, which benefits everyone but is not for the United States, we've lost in most cases."

In recent times, the US has been conducting a number of trade wars to retaliate. It is noteworthy that the trade war with China.

China's Commerce Minister said it is clear that the US violates the rules of the World Trade Organization.

On Monday, Trump announced that the US and Mexico agreed to reform the North American trade agreement (Nafta). He added that it was a good deal and one of the best for both countries.

Trump threatened to withdraw from the deal when negotiations were initiated a year ago.

In the interview he told the Bloomberg News media, "If they did not change I would leave the World Trade Organization."

This threat of trumpet outlines the contradiction between his business policies and the open business tradition of the World Trade Organization.

The United States has recently blocked the appointment of new judges to provide justice to the World Trade Organization. So there are obstacles in providing judgments.

US business representative Robert Lithisier has accused the WTO of interfering in the sovereignty of the United States.For More Tamil Online News- http://www.tamilonp.com/ -செய்திகள் ,தமிழ் செய்திகள் தமிழ் ஆன்லைன் செய்திகள்

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