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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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Never reveal your best argument.
(Score: 2) by realDonaldTrump on Thursday July 05 2018, @02:25AM
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!!!!