US Exit From WTO Would Unravel Global Trade

In his latest attack on US trade policy, Republican presidential candidate Donald J. Trump has threatened to exit the 163-country World Trade Organization (WTO), which the United States played a leading role in creating and fostering. “We’re going to renegotiate or we’re going to pull out,” he told NBC’s Meet the Press on Sunday. “These trade deals are a disaster. The World Trade Organization is a disaster.” So What Is the WTO? The WTO is a global trade body aimed primarily at setting rules for

Source: Peterson Institute (PIIE)