February 28 | By: Chad P. Bown.
In a speech Friday, President Trump reaffirmed his abhorrence of U.S. trade agreements, especially “these big quagmire deals that are a disaster.” And the Financial Times reported Monday that his administration was debating a new strategy — leveling unilateral U.S. trade sanctions against China and other trading partners, and bypassing the World Trade Organization (WTO) dispute settlement process.
A separate sign of Trump’s ultimate WTO strategy will become evident in how his administration deals with ongoing trade disputes that President Barack Obama initiated on behalf of U.S. farmers, workers and companies. The anecdotal evidence is that prior presidents have continued to pursue their predecessors’ cases. But will President Trump?
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