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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 meustrus on Tuesday July 03 2018, @03:42PM (2 children)

    by meustrus (4961) on Tuesday July 03 2018, @03:42PM (#701960)

    No "truths" doesn't mean no "facts". We figured out how to address the bias of human belief by relying on facts in the 17th-18th centuries; it's called Rationalism. And while I'd be the first to complain about the lack of the Scientific Method in the squishier fields like economics, it's a hell of a lot less subjective than mere "belief".

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    If there isn't at least one reference or primary source, it's not +1 Informative. Maybe the underused +1 Interesting?
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  • (Score: 2) by suburbanitemediocrity on Tuesday July 03 2018, @10:26PM (1 child)

    by suburbanitemediocrity (6844) on Tuesday July 03 2018, @10:26PM (#702212)

    All facts are subjective as there is no objective reality. My truth is different than your truth.

    • (Score: 0) by Anonymous Coward on Tuesday July 03 2018, @11:56PM

      by Anonymous Coward on Tuesday July 03 2018, @11:56PM (#702252)

      All facts are subjective as there is no objective reality. My truth is different than your truth.

      And my truth is that your truth sucks monkey balls.