With U.S. President Donald Trump threatening to jack up tariffs to massive heights starting July 9 — including 50 percent tariffs on nearly all goods from the EU — the global economy hangs on a cliff edge.
Last week, the bloc floated the idea of creating an alternative to the World Trade Organization (WTO), cooperating with like-minded countries to maintain the rule of law in trade. But there is a better option: Keep the WTO, but kick out the U.S.
Who would have thought Trump who wants to prove that he's the strongest leader (or US is the strongest) by exerting a misuse of his powers not only against the enemies but also against the apparent friends.
Anyways this made me guess a few things....
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This — Kicking out US from WTO — is even possible?
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What's the existence of WTO without USA?
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I suspect Trump would take US out of NATO as retaliation if 'this' somehow is manifested by the bloc.
Still...
To combat Trump, we must be prepared to construct a WTO without the U.S.
Trump is not the US!
Or, is he?