ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 10th August. Click Here for more information.
WTO is unfair to us, says Trump
What has happened?
U.S. President Donald Trump teed up a fight with the World Trade Organisation (WTO) on Friday, claiming the 164-country body was biased against the United States.
China gets perks and advantages
- China, which is a great economic power, is considered a Developing Nation within the World Trade Organization, they therefore get tremendous perks and advantages, especially over the U.S.— According to Trump
- Trump has repeatedly expressed skepticism about multilateral bodies from the WTO to the UN to NATO believing they constrain U.S. power