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World Trade Organization Appeals Court Has Been Shut Down By The U.S.

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Title : World Trade Organization Appeals Court Has Been Shut Down By The U.S.
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World Trade Organization Appeals Court Has Been Shut Down By The U.S.



Reuters: U.S. trade offensive takes out WTO as global arbiter

BRUSSELS (Reuters) - U.S. disruption of the global economic order reaches a major milestone on Tuesday as the World Trade Organization (WTO) loses its ability to intervene in trade wars, threatening the future of the Geneva-based body.

Two years after starting to block appointments, the United States will finally paralyze the WTO’s Appellate Body, which acts as the supreme court for international trade, as two of three members exit and leave it unable to issue rulings.

Major trade disputes, including the U.S. conflict with China and metal tariffs imposed by U.S. President Donald Trump, will not be resolved by the global trade arbiter.

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