3 ms·
Isn’t that what the World Trade Organization (WTO) is for?
by adinb 6y ago
Isn’t that what the World Trade Organization (WTO) is for?
- freeflight 6y agoThe WTO has been effectively out of order these past years as the US has blocked the appointment of new judges to the appeals court. It's supposed to have seven judges, a minimum of three judges are required to issue rulings, but since 2019 there are only two judges left [0] So any ruling the WTO main body makes, like for example declaring US tariffs on China illegal [1], only needs to be appealed to be stuck in procedural limbo, which is exactly what ended up happening with the WTO ruling on US tariffs [2] [0] https://www.dw.com/en/wto-judge-blockage-could-prove-the-beginning-of-the-end/a-51613082# https://www.dw.com/en/wto-judge-blockage-could-prove-the-beg... [1] https://apnews.com/article/global-trade-china-archive-donald-trump-58a89252300408e255ed3a9a26004091 https://apnews.com/article/global-trade-china-archive-donald... [2] https://www.bloomberg.com/news/articles/2020-10-26/u-s-appeals-wto-ruling-that-trump-s-china-tariffs-were-illegal https://www.bloomberg.com/news/articles/2020-10-26/u-s-appea...
- adinb 6y agoThanks!