chinese trade practices

Too Early to Talk U.S. Withdrawal From WTO

Jim Rogers Industry News Release

Commerce Secretary Wilbur Ross says it’s “too early” to talk about the possibiity of the United States leaving the World Trade Organization. A Bloomberg report says the discussion comes about as a result of the Trump Administration continuing to talk about ways to improve the organization. During an interview with CNBC, Ross said, “The WTO knows there are some reforms …

Trump Administration Drafting Bill to Pull U.S. Out of WTO?

Jim Rogers Industry News Release

The website AXIOS, as well as AOL, are both reporting that the Trump Administration has drafted a bill that would abandon the United States’ commitment to the World Trade Organization’s rules. Trump has reportedly been discussing the withdrawal of the U.S. from the WTO altogether. However, Congress is unlikely to approve the measure. Administration officials involved in drafting the legislation …