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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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'FART' Bill Indicates Trump's Intention to Dump WTO
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
TOO BAD YOU CAN'T BUY a voodoo globe so that you could make the earth spin
real fast and freak everybody out.
-- Jack Handey, The New Mexican, 1988.
(Score: 3, Informative) by realDonaldTrump on Tuesday July 03 2018, @10:00AM (5 children)
Can you imagine, what if Crooked Hillary had won? Believe me, she wouldn't be taking us out of the World Trade Organization. And she wouldn't be renegotiating. Because she's a HUGE GLOBALIST, she owes so much to the Global Special Interests. But if she did -- if somehow she did -- our alt-left would be dancing in the streets. They're not dancing now. Because they voted for a huge globalist. But does anyone remember the Battle in Seattle? If you're not too young maybe you remember that one. Big fight, I'll tell you, it wasn't a WWE fight. It was our alt-left going up against the WTO. And against the city, they did so much damage to the city. Very destructive. President Clinton -- Bill Clinton -- sent in the National Guard. And kept us in the WTO.
You know, our alt-left was right. These trade deals are a disaster. The World Trade Organization is a disaster. It was set up for the benefit of everybody but us. They have taken advantage of this country like you wouldn’t believe. We lose the lawsuits, almost all of the lawsuits in the WTO. We're going to renegotiate or we're going to pull out. As I promised. Trust me, when I say I'll pull out I pull out. Always, always. 100%. No more will the WTO screw the United States!!!!
(Score: 2) by suburbanitemediocrity on Tuesday July 03 2018, @01:09PM (1 child)
I remember the Battle of Seattle well. He is making it OK for the next person to do the things that need to be done, but couldn't before.
(Score: 2, Touché) by Anonymous Coward on Tuesday July 03 2018, @02:35PM
I remember the scornful coverage by the main stream media. Though now they would characterize the protestors as the lamentable victims of Trump's fascist regime.
(Score: 3, Informative) by meustrus on Tuesday July 03 2018, @02:14PM (2 children)
Another perfect post from the realDonaldTrump, everybody!
Ha!
Haha!
Hahaha!
You'd think this was the dictator of some banana republic talking about how the WTO screwed their economy for the benefit of American companies. Maybe Trump thinks this is Ecuador or something. It would sure explain a lot.
If only.
If there isn't at least one reference or primary source, it's not +1 Informative. Maybe the underused +1 Interesting?
(Score: 2) by suburbanitemediocrity on Tuesday July 03 2018, @03:06PM (1 child)
Look at how he got these people (https://www.youtube.com/watch?v=IyCuDGVRFcg [youtube.com]) defending the wto. He is a genius.
(Boobs at 2:53)
(Score: 0) by Anonymous Coward on Tuesday July 03 2018, @06:07PM
No, they are just morons and Trump is a master moron.