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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: 2) by BsAtHome on Tuesday July 03 2018, @03:36PM (3 children)

    by BsAtHome (889) on Tuesday July 03 2018, @03:36PM (#701955)

    Well, as hyperbole goes, it is flawed, of course. However, the state of affairs seems to indicate that mandatory relationships have nothing to do with what is actually happening. Sometimes fantasy simply cannot predict the idiocy of real life.

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  • (Score: 2) by The Mighty Buzzard on Tuesday July 03 2018, @04:00PM (2 children)

    All true but assuming that just because a guy's got policies you disagree with and a bit of an authoritarian bent that he's going to go full on Stalin is an astoundingly enormous stretch.

    --
    My rights don't end where your fear begins.
    • (Score: 2) by c0lo on Tuesday July 03 2018, @04:36PM (1 child)

      by c0lo (156) Subscriber Badge on Tuesday July 03 2018, @04:36PM (#701995) Journal

      a bit of an authoritarian bent that he's going to go full on Stalin is an astoundingly enormous stretch.

      Could you imagine NSA spying on Americans 20 years ago?
      "astoundingly enormous stretch" != impossible.

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      https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford