US intends to break WTO to deal with China
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Started by metmike - July 28, 2018, 8:22 p.m.

The US intends to break the WTO to deal with the 'multi-trillion dollar problem' that is China


https://www.businessinsider.com/the-us-is-trying-to-break-the-wto-to-deal-with-the-multi-trillion-dollar-problem-that-is-china-2018-6?utm_source=markets&utm_medium=ingest


  •         The United States intends to break the World Trade Organisation (WTO) in order to deal with the "multi-trillion dollar problem" that is China and stop it gaining economic supremacy, a former diplomat to the WTO told Business Insider.        
  •         Trump will likely raise $200 billion in fresh tariffs against China before the midterm elections, Hosuk Lee-Makiyama told BI, breaking the WTO and effectively ending an era of free trade that has lasted for 23 years.        
  •         Europe, Japan and the US are now working together to tackle the Chinese "problem" that they all face.        
  •         They want to address the "uneven playing field" that the state controlled economic policies of China have created - as its GDP balloons past $11.6 trillion.        

Comments
By Richard - July 28, 2018, 8:49 p.m.
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Finally!

By silverspiker - July 29, 2018, 1:22 a.m.
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With a little embellishment you could send that in to Penthouse Forum...  

By Lacey - July 29, 2018, 8:41 a.m.
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Keep the pressure on, Trump.  Finally someone making a stand.  We have nothing to lose.