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The President & the Executive Branch Discuss Trump threatens to pull US out of the World Trade Organization if it fails to ‘shape at the Political Forums; One thing I love 'bout Trump is he won't tolerate bad deals or let other countries take advantage of us. ...

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Old 08-31-2018, 03:07 PM
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Default Trump threatens to pull US out of the World Trade Organization if it fails to ‘shape

One thing I love 'bout Trump is he won't tolerate bad deals or let other countries take advantage of us.

Trump threatens to pull US out of the World Trade Organization if it fails to ‘shape up’

President Donald Trump threatened on Thursday to pull the United States out of the World Trade Organization if the entity failed to “shape up.”

What did Trump say?

“If they don’t shape up, I would withdraw from the WTO,” Trump said during an interview with Bloomberg News. He added that he thought the WTO “was the single worst trade deal ever made,” that it was treating the U.S. “very badly,” and that it needed to “change their ways.”

This echoes comments Trump made on Fox News in October, when he declared that the WTO “was set up for the benefit for [sic] everybody but us.”

What is the WTO?

The World Trade Organization is a international body that maintains trade rules that all members agree to while negotiating their trade deals with one another. It also works to help resolve international trade disputes.


The United States joined the WTO on Jan. 1, 1995, the same day the organization was established. The United Kingdom, the European Union, Canada, Mexico, and other important U.S. trading partners are also members.

Why is Trump mad at the WTO?

The European Union has filed a case with the WTO, contesting the legality of Trump’s tariffs. The WTO has raised concerns about the threat of a trade war, as well as the impact of Trump’s steel and aluminum tariffs.

The U.S. has also petitioned the WTO for help with the retaliatory tariffs by China, EU, Mexico, and Turkey on U.S. products. Trump is expected to impose up to $200 billion in additional tariffs on China as soon as next week.

What else?

Treasury Secretary Steven Mnuchin told Axios in June that earlier reports that Trump had wanted to pull the U.S. out of the WTO were an “exaggeration.” Commerce Secretary Wilbur Ross had told CNBC in July that any talk of the U.S. pulling out of the WTO was “a little premature.”
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Old 08-31-2018, 04:19 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

come to find out the enemy didnt need to bomb the world trade center after all. all they needed to do was back trump for US president
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Old 08-31-2018, 04:30 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

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Originally Posted by saltwn View Post
come to find out the enemy didnt need to bomb the world trade center after all. all they needed to do was back trump for US president
Yeah, that almost made sense. I take it you were good with other countries taking advantage of the United States all of these years.
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Old 08-31-2018, 04:44 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

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Originally Posted by GetAClue View Post
Yeah, that almost made sense. I take it you were good with other countries taking advantage of the United States all of these years.
funny when I complained about that with the pacific rim, you said reagan knew more than me.
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Old 09-04-2018, 08:32 AM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

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Originally Posted by saltwn View Post
funny when I complained about that with the pacific rim, you said reagan knew more than me.
I did? Please show me the post.

But I would agree with the statement on it's face, Reagan did probably know more than you or I about Pacific Rim policies.
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Old 09-04-2018, 09:34 AM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

Quote:
Originally Posted by Hairy Jello View Post
One thing I love 'bout Trump is he won't tolerate bad deals or let other countries take advantage of us.

Trump threatens to pull US out of the World Trade Organization if it fails to ‘shape up’

President Donald Trump threatened on Thursday to pull the United States out of the World Trade Organization if the entity failed to “shape up.”

What did Trump say?

“If they don’t shape up, I would withdraw from the WTO,” Trump said during an interview with Bloomberg News. He added that he thought the WTO “was the single worst trade deal ever made,” that it was treating the U.S. “very badly,” and that it needed to “change their ways.”

This echoes comments Trump made on Fox News in October, when he declared that the WTO “was set up for the benefit for [sic] everybody but us.”

What is the WTO?

The World Trade Organization is a international body that maintains trade rules that all members agree to while negotiating their trade deals with one another. It also works to help resolve international trade disputes.


The United States joined the WTO on Jan. 1, 1995, the same day the organization was established. The United Kingdom, the European Union, Canada, Mexico, and other important U.S. trading partners are also members.

Why is Trump mad at the WTO?

The European Union has filed a case with the WTO, contesting the legality of Trump’s tariffs. The WTO has raised concerns about the threat of a trade war, as well as the impact of Trump’s steel and aluminum tariffs.

The U.S. has also petitioned the WTO for help with the retaliatory tariffs by China, EU, Mexico, and Turkey on U.S. products. Trump is expected to impose up to $200 billion in additional tariffs on China as soon as next week.

What else?

Treasury Secretary Steven Mnuchin told Axios in June that earlier reports that Trump had wanted to pull the U.S. out of the WTO were an “exaggeration.” Commerce Secretary Wilbur Ross had told CNBC in July that any talk of the U.S. pulling out of the WTO was “a little premature.”
The US has entered negotiations with other countries fully bent over and pants down for decades. President Trump has pulled them up and stood us up.

The worst deal ever was the Iran deal. Send them a couple hundred billion in exchange for an unsigned agreement that was never going to happen. Trump got us out of that one too.
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Old 09-04-2018, 10:11 AM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

So-called Progressives behave as textbook reactionaries as President Trump reshapes US trade policy from subservience to foreign bureaucrats to robust bilateral agreements. How dare the interloper Trump shift from an environment where massive US trade deficits, foreign market manipulation and the theft of intellectual property by overseas actors goes unhindered by the vaunted international trade organizations to one based on bilateral agreements where the US actively defends itself like every other country from unfair trade practices.
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Old 09-08-2018, 05:11 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

Its funny how leftists use to oppose these trade deals and now they love them.
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Old 09-08-2018, 07:17 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

Quote:
Originally Posted by GetAClue View Post
I did? Please show me the post.

But I would agree with the statement on it's face, Reagan did probably know more than you or I about Pacific Rim policies.
He knew more than us about taking bribes from lobbyists and much more than Trump about hiding it.
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Old 09-08-2018, 07:21 PM
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Default Re: Trump threatens to pull US out of the World Trade Organization if it fails to ‘sh

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Its funny how leftists use to oppose these trade deals and now they love them.
if trump was intelligent it would be a good move. however...
he backs out of nafta then makes a three way with canada and mexico...thats nafta.
screws up farmer sales then offers them welfare
and the agreements have been in place so long its going to take time and thought to get out of them
something this president has neither of
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-Lots of contacts but no crimes
-Crimes, but no collusion
-Collusion, but Trump didn't know

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]
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