Submitted by christian on Tue, 07/03/2018 - 09:07
The Trump administration has crafted a draft bill ordered by the president that would declare America’s abandonment of World Trade Organization rules. 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.