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'FART' Bill Indicates Trump's Intention to Dump WTO

posted by martyb on Tuesday July 03 2018, @06:17AM   Printer-friendly
from the He-Who-Smelt-It dept.

An Anonymous Coward writes:

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 c0lo on Wednesday July 04 2018, @04:44AM

    by c0lo (156) Subscriber Badge on Wednesday July 04 2018, @04:44AM (#702380) Journal

    A bit more than just complementary, they sorta enhance each other: isolationism makes easier to define an "enemy", totalitarianism make easier to "fight the enemy following the glorious leader" and offers legitimacy to the leader and the "righteous fight" enhances the isolationism.

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