Canada Pushes Alliance to Buffer WTO Against U.S. Protectionism

The Canadian government is poised to release a blueprint to reform the World Trade Organization as countries adjust to a newly protectionist America that has threatened to leave the organization entirely. Canadian trade officials, who spent August working on a draft of the proposal called “Strengthening and Modernizing the WTO,” are seeking to forge an alliance of like-minded countries to “restore confidence in the multilateral trading system and discourage protectionist measures and countermeasures,” according to a copy of the draft obtained by Bloomberg. A group of senior-level trade officials will gather in Geneva on Sept. 20 to discuss the Canadian proposal and prepare the groundwork for ministerial talks scheduled to take place in Ottawa from Oct. 24 to Oct. 25… [Read More Here]