Trump denies plan to pull out of WTO  

WASHINGTON: US President Donald Trump denied he was planning to withdraw the United States from the World Trade Organisation (WTO). “I’m not talking about pulling out,” he told reporters on Air Force One, when asked about reports he was planning an exit from the global trading body. Trump has branded the WTO a disaster and flouted international trade norms by hitting key allies with stinging tariffs and imposing crippling fee on Chinese goods in the name of US national security. US news website Axios cited sources saying Trump had repeatedly told his top officials he wanted to exit the world body, which Washington helped design and most often ruled in favour of the US when Washington brought cases before it.

Published in The Express Tribune, July 1st, 2018.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

The Zero Point gate had been closed five months ago due to unknown reasons by Iran

  • Need to boost trade ties between Pakistani, South Korea stressed

    It is high time for both countries to deepen bilateral investment and trade, says Pakistani envoy Rahim Hayat Qureshi

  • Border trade with China resumes on Khunjerab Pass

    Traders called off the strike after a meeting held under supervision of the army

    More in Business

    Original news :