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Trump Turns His Ire Towards the World Trade Organization

Posted February 26, 2018

Under Economic Issues, International Trade Issues

(Forex Live)

Trump says the World Trade Organization is a “catastrophe” and makes it almost impossible for the US to do good business.

He specifically cited Canada and Mexico, where he said “the US loses a lot of money.”

Trump is finding out that his NAFTA partners aren’t particularly concerned about the US leaving NAFTA because they will fall back on WTO rules that limit tariffs to 5%. Click here to read more.

Related: EU Parliament Letter to U.S. Congress re WTO