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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) by Anonymous Coward on Tuesday July 03 2018, @04:10PM (2 children)

    by Anonymous Coward on Tuesday July 03 2018, @04:10PM (#701977)

    why do you feel the need to lie?

    Russia does not have president for life. Putin has been abusing the loopholes, yes, but there is no "president for life" law.
    When Putin reached the max term, he let his pal win the next elections, and after that run for president again.
    In other words, yes, in Russia there is no law saying that you can be president only x years, but it says that you can only be president x years in a row.

  • (Score: 0) by Anonymous Coward on Tuesday July 03 2018, @04:29PM

    by Anonymous Coward on Tuesday July 03 2018, @04:29PM (#701990)

    I think they changed the law, when Putler's terms maxed out.

  • (Score: 2) by realDonaldTrump on Thursday July 05 2018, @02:25AM

    by realDonaldTrump (6614) on Thursday July 05 2018, @02:25AM (#702798) Homepage Journal

    Did I say law? I didn't say law. But look how long President Putin has been President. And he switched with Medvedev, with Dmitry Medvedev. But I think Vladimir Putin was in charge the whole time. They called him Prime Minister Putin, he was very strong. And he's still very strong. And you don't think he's a President for life, OK, let me know when he resigns. Or loses an election. And I'll eat a #MAGA [twitter.com] hat!!!!