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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.
Let us endeavor so to live that when we come to die even the undertaker will be
sorry.
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(Score: 2) by The Mighty Buzzard on Wednesday July 04 2018, @02:18AM
Truth. But while we do tend to swing our collective dick* around, we more often than not get the shit end of the stick from the WTO and other international bodies of that stripe. Trump's absolutely correct in his assertion that we need to drop being regulated by any entity that actively hates us but I'm not at all convinced he can negotiate us a better deal.
* Yes, you own a percentage of a metaphorical dick. Don't play with it too much or you'll go blind though.
My rights don't end where your fear begins.