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'FART' Bill Indicates Trump's Intention to Dump WTO

posted by martyb on Tuesday July 03 2018, @06:17AM   
from the He-Who-Smelt-It dept.

An Anonymous Coward writes:

The Trump administration has crafted a draft bill — ordered by the president — that would declare America's abandonment of World Trade Organization rules, according to Axios. The bill essentially provides President Donald Trump — who has argued for a better position for the U.S. in big trade pacts — a license to raise U.S. tariffs at will, without congressional consent and largely outside of the international rules governed by the WTO. The bill, titled the "United States Fair and Reciprocal Tariff Act," would give Trump unilateral power to ignore the two most basic principles of the WTO and negotiate one-on-one with any country.

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Original Submission

• Re:Trump is trying to make the US in his image Re:Trump is trying to make the US in his image (Score: 1, Informative) by Anonymous Coward on Tuesday July 03 2018, @06:41PM (1 child)

  by Anonymous Coward on Tuesday July 03 2018, @06:41PM (#702097)

  All you need to do is wrap your head around this:

  “He judges people by what kind of deal he can make with them,” Mr. Wallach said. “That’s his god.”

  https://www.nytimes.com/2017/08/17/us/politics/trump-blacks-african-americans-girlfriend-charlottesville.html [nytimes.com]

  "You never know, you know again, the word -- I don't know what the word permanent means, OK? I never know what the word permanent means.

  https://www.cnn.com/2018/01/11/politics/trump-bannon-wsj/ [cnn.com]

  Parent

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• Re:Trump is trying to make the US in his image (Score: 0) by Anonymous Coward on Wednesday July 04 2018, @01:41AM

  by Anonymous Coward on Wednesday July 04 2018, @01:41AM (#702293)

  Permanent is not what death is in a science fiction movie franchise.

  Parent