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.
(Score: 0) by Anonymous Coward on Tuesday July 03 2018, @02:55PM (1 child)
TDS is strong in this one.
(Score: 0) by Anonymous Coward on Tuesday July 03 2018, @05:09PM
We want to build a wall to keep them out, and then annex them? That makes as much sense as banning Muslims who don't have oil, but saying the ones who do have oil are fine people.