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

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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  • (Score: 0, Funny) by Anonymous Coward on Tuesday July 03 2018, @07:28AM (1 child)

    by Anonymous Coward on Tuesday July 03 2018, @07:28AM (#701778)

    "Don't be cute!" Donald Johnson Trump, to Hilary Davidson Motorcycle Co.

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  • (Score: -1, Offtopic) by Anonymous Coward on Tuesday July 03 2018, @02:03PM

    by Anonymous Coward on Tuesday July 03 2018, @02:03PM (#701898)

    Hilary Davidson Motorcycle Co.

    Hilary Davidson Motorcycle Co.? Really? You people really do find a way to lower the bar, and every day prove yourselves even stupider than our lowest expectations before (and these days, they're pretty low). That level of dumb really takes talent. I guess it does show you're good at one thing, though.