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Thread: Should the GOP allow trump to destroy or leave the WTO??

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    Werewolf Should the GOP allow trump to destroy or leave the WTO??

    The policy failures of the Trump Administration are legion. The more than 100,000 deaths of United States citizens from COVID-19 are the most spectacular and tragic example of this. But many more such failures can be found below the surface of public attention. One of these is the U.S. government’s relationship with the World Trade Organization (WTO).

    The WTO agreement on trade in services was explicitly written to support the U.S.-based, Coalition of Service Industries, which lobbied strenuously for its inclusion. The purpose of the services agreement was to support the U.S. financial, telecommunications and business/professional services sectors. The requirement to include trade in services as part of the WTO was a non-negotiable position of the United States, and it naturally prevailed. The U.S. services sector has benefitted ever since.

    The WTO agreement on intellectual property was also explicitly written to support U.S. economic interests, particularly a committee of U.S.-based businesses that authored a position paper under the direction of IBM. Many prominent international economists argued that intellectual property protection had no place in the WTO, but they were ignored. The inclusion of intellectual property as part of the WTO was another non-negotiable position of the United States, and it again prevailed. Given the radically broad scope of the agreement across intellectual property of all kinds, U.S. businesses have reaped significant benefits.

    Finally, there are the dispute resolution provisions of the WTO. These were also written with U.S. interests in mind, namely, to enforce U.S. wins in services and intellectual property. While other WTO members have successfully brought dispute settlement cases against the United States, the U.S. has also had many significant wins, including against China. In writing the dispute settlement agreement, the United States inadvertently created the most robust dispute settlement system in the world, one that could be used as a model for other realms of conflict.


    Despite the WTO’s significant contribution to maintaining an open trading system, as well as to global and U.S. prosperity, the Trump administration has undermined it. It has threatened to withdraw from it altogether, a sort of trade tantrum.

    Short of this, it has sabotaged the very WTO dispute settlement system that the United States designed. The main motivation here seems to be not practical but ideological, a loathing of all things multilateral. This blindly nationalistic posture risks undermining the actual economic interests of the United States, representing a self-inflicted, commercial wound.

    Then came the COVID-19 pandemic. U.S. Trade Representative Robert Lighthizer considered 100,000-plus deaths an opportunity to reshape trade relations and had the audacity to refer to these trade relations (and not the pandemic) as a “disease.”


    But the pandemic crisis makes open trading relations more rather than less important, particularly in the case of medical supplies, pharmaceuticals and food. Unfortunately, pandemic subsidies will cause increasing amounts of countervailing actions, and generally nationalistic postures might completely undermine the system altogether, exacerbating recessionary effects, including in the United States.

    The United States needs the WTO, an organization largely designed for its own interests. The current pandemic makes that need greater than it has ever been. During the current crisis, U.S. politicians must take note and defend the WTO from the Trump administration.

    Kenneth A. Reinert is a professor of public policy and director of the International Commerce and Policy Program at the Schar School of Policy and Government at George Mason University.
    "There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."



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    Save the WTO and defeat Trump.
    Russian trolls and their supporters go on Ignore, automatically: no second chance.


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    Regarding trade in goods, the U.S. insists on violating basic WTO principles to subsidize agriculture and has been doing so now for over half a century.
    given the fact that US subsidies of agriculture are minimal compared to nearly every other country in the world, why choose that as the basis for your criticism?......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Bill View Post
    The policy failures of the Trump Administration are legion. The more than 100,000 deaths of United States citizens from COVID-19 are the most spectacular and tragic example of this. But many more such failures can be found below the surface of public attention. One of these is the U.S. government’s relationship with the World Trade Organization (WTO).

    The WTO agreement on trade in services was explicitly written to support the U.S.-based, Coalition of Service Industries, which lobbied strenuously for its inclusion. The purpose of the services agreement was to support the U.S. financial, telecommunications and business/professional services sectors. The requirement to include trade in services as part of the WTO was a non-negotiable position of the United States, and it naturally prevailed. The U.S. services sector has benefitted ever since.

    The WTO agreement on intellectual property was also explicitly written to support U.S. economic interests, particularly a committee of U.S.-based businesses that authored a position paper under the direction of IBM. Many prominent international economists argued that intellectual property protection had no place in the WTO, but they were ignored. The inclusion of intellectual property as part of the WTO was another non-negotiable position of the United States, and it again prevailed. Given the radically broad scope of the agreement across intellectual property of all kinds, U.S. businesses have reaped significant benefits.

    Finally, there are the dispute resolution provisions of the WTO. These were also written with U.S. interests in mind, namely, to enforce U.S. wins in services and intellectual property. While other WTO members have successfully brought dispute settlement cases against the United States, the U.S. has also had many significant wins, including against China. In writing the dispute settlement agreement, the United States inadvertently created the most robust dispute settlement system in the world, one that could be used as a model for other realms of conflict.


    Despite the WTO’s significant contribution to maintaining an open trading system, as well as to global and U.S. prosperity, the Trump administration has undermined it. It has threatened to withdraw from it altogether, a sort of trade tantrum.

    Short of this, it has sabotaged the very WTO dispute settlement system that the United States designed. The main motivation here seems to be not practical but ideological, a loathing of all things multilateral. This blindly nationalistic posture risks undermining the actual economic interests of the United States, representing a self-inflicted, commercial wound.

    Then came the COVID-19 pandemic. U.S. Trade Representative Robert Lighthizer considered 100,000-plus deaths an opportunity to reshape trade relations and had the audacity to refer to these trade relations (and not the pandemic) as a “disease.”


    But the pandemic crisis makes open trading relations more rather than less important, particularly in the case of medical supplies, pharmaceuticals and food. Unfortunately, pandemic subsidies will cause increasing amounts of countervailing actions, and generally nationalistic postures might completely undermine the system altogether, exacerbating recessionary effects, including in the United States.

    The United States needs the WTO, an organization largely designed for its own interests. The current pandemic makes that need greater than it has ever been. During the current crisis, U.S. politicians must take note and defend the WTO from the Trump administration.

    Kenneth A. Reinert is a professor of public policy and director of the International Commerce and Policy Program at the Schar School of Policy and Government at George Mason University.
    fuck the wto. they're retarded globalist dipshits.

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    tRump always blames others for his mistakes. It is what very insecure people do.
    Please leave your Trump 2024 signs in your yard. That way, my dog will know where to take a dump.

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    Trump is a conspiracy nut who believes them like rightys on this board. Everything is a conspiracy and only Trump can save us. WHO, the CDC,the FBI,the spy agencies, the Dems, and everything else must be elminated and replaced with Trump approved rich people who are the ones that really care about us all.

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    Quote Originally Posted by Nordberg View Post
    Trump is a conspiracy nut who believes them like rightys on this board. Everything is a conspiracy and only Trump can save us. WHO, the CDC,the FBI,the spy agencies, the Dems, and everything else must be elminated and replaced with Trump approved rich people who are the ones that really care about us all.
    no. they just need to be told no on their traitorous globalist race to the bottom bad ideas. calm down, karen.
    Last edited by Hermes Thoth; 05-30-2020 at 11:14 AM.

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    Karens are blank-eyed righties.
    Russian trolls and their supporters go on Ignore, automatically: no second chance.


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