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

posted by martyb on Tuesday July 03 2018, @06:17AM   
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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Original Submission

• Re:Next logical stepsRe:Next logical steps (Score: 2) by bob_super on Tuesday July 03 2018, @05:42PM (1 child)

  by bob_super (1357) on Tuesday July 03 2018, @05:42PM (#702062)

  The Mexico-Guatemala border is only 541 miles, and none of it requires Eminent-Domain of US citizens.
  There would be a lot easier to build The Wall, and make Mexico pay for it.

  Parent

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• Re:Next logical steps(Score: 2) by The Mighty Buzzard on Wednesday July 04 2018, @02:54AM

  by The Mighty Buzzard (18) <themightybuzzard@proton.me> on Wednesday July 04 2018, @02:54AM (#702327) Homepage Journal

  Yup, plus we'd get some damned nice beaches, lots of tequila, and many a senorita. You know what, I convinced myself. Screw the downsides.

  --
  My rights don't end where your fear begins.

  Parent