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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: 4, Touché) by Anonymous Coward on Tuesday July 03 2018, @10:07AM

    by Anonymous Coward on Tuesday July 03 2018, @10:07AM (#701824)

    Switzerland - bad example to illustrate your point. Not an EU member.

    But using Switzerland as an example is very Trumpian - use a false example that somehow bolsters the lies you are telling.

    BTW, what's wrong with Switzerland? Their immigrants are nice people; wonderful people. Can't get much whiter, or less resistant, than those wonderful Swiss people.

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