Current Events > Trump threatens to withdraw US from World Trade Organization

(+) Yeah! (+)

The World Trade Organization was created in 1995 with the primary purpose of regulating international trade, ensuring that trade between its 164 member nations flows, in its own words, as smoothly, predictably, and freely as possible. Given that these words are in direct opposition to his ethos as a human beingnot to mention the fact that the U.S. entered the organization before he was in officeyou could probably have guessed that Donald Trump hates the W.T.O. with every fiber of his papaya-colored soul. On the campaign trail he called the organization a disaster and, as with NAFTA, the Trans-Pacific Partnership, and the Iran deal, threatened to pull out of it post haste. And while he hasnt made any moves to do so during his first year and a half in office, having more urgent fish to fry such as separating toddlers from their families, passing a giant corporate tax cut, and fighting with kneeling football players on Twitter, a terrifying new report suggests hes finally ready to scratch that itch.

According to Axios, Trump has told top White House officials that he wants out of the governing body, having [threatened to withdraw] 100 times. A source who has discussed the subject with the president, and who knows such a move would totally [screw] us as a country, says that Trump has frequently told advisers, We always get f***ed by them [the W.T.O.] I dont know why were in it. The W.T.O. is designed by the rest of the world to screw the United States. While some aides have attempted to hold the presidents hand like the small child he is and explain to him that, in fact, the U.S. has done very well with the W.T.O., the arguments have been lost on him. (He apparently has not considered the 2018 Economic Report of the President, signed by him, that states: [T]he United States has won 85.7 percent of the cases it has initiated before the W.T.O. since 1995, compared with a global average of 84.4 percent. In contrast, Chinas success rate is just 66.7 percent.)

Perhaps even more disturbing, considering the catastrophic global fallout that would result from the U.S. leaving the W.T.O., Trumps economic advisers seem to be treating the president like hes a thoughtful, rational human being rather than a capricious, unpredictable carnival barker.

According to a top trade lawyer in Washington, the prevailing view is that Trump is nuts, but not that nuts, which seems like a risky bet to make! On the other hand, as Axios notes, even if his advisers did attempt to erect some safeguards and fill him in on the consequences, theres no guaranteeing he would listen. (See: Gary Cohns pleading, desperate attempts to convince Trump not to go forward with his steel and aluminum tariffs.) Of course, in this case, failing to listen would be a monumental f***-up that would make all of Trumps past f***-ups look like minor blips:

"A U.S. withdrawal from the W.T.O. would send global markets into a spiral and cast trillions of dollars of trade into doubt. It would also blow up an institution that for 70-plus years has been a pillar of global economic and political stability."

Full article here:
https://www.vanityfair.com/news/2018/06/trump-world-trade-organization

Can they lock this asshole up already
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How long before he withdraws the U.S. from Earth?
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i would support trumps move to get out of the WTO.
he's our leader.

"Fucking moron" - Rex Tillerson

"Good!" says Trump supporter!
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Surely even the greedy corrupt republican senators would never allow this right? It'd cut into their bottom line

tremain07 posted...

"Good!" says Trump supporter!

globalization is bad obama never should have gotten us in the world trade organization to begin with
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The article says it all really....also

The World Trade Organization was created in 1995

"A U.S. withdrawal from the W.T.O. would send global markets into a spiral and cast trillions of dollars of trade into doubt. It would also blow up an institution that for 70-plus years has been a pillar of global economic and political stability

Uhhhhhhhh.
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pikachupwnage posted...

The article says it all really....also

The World Trade Organization was created in 1995

"A U.S. withdrawal from the W.T.O. would send global markets into a spiral and cast trillions of dollars of trade into doubt. It would also blow up an institution that for 70-plus years has been a pillar of global economic and political stability

Uhhhhhhhh.

There was a predecessor to the WTO - "General Agreement on Tariffs and Trade" from 1948.

That's all I know based on a quick search so I don't know how similar they are or if it's fair to say that it's the same institution after 70 years and becoming the WTO but yeah
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Hexenherz posted...

tremain07 posted...

"Good!" says Trump supporter!

globalization is bad obama never should have gotten us in the world trade organization to begin with

So electing a self proclaimed globalist billionaire is obviously the solution.
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Trump basically wants to go full isolationist and ignore the rest of the world.
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Funkydog posted...

Trump basically wants to go full isolationist and ignore the rest of everyone everywhere at all times.

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Funkydog posted...

Trump basically wants to go full isolationist and ignore the rest of the world.

which is incredibly stupid and detrimental to our country.
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Ray_Dorset posted...

Hexenherz posted...

tremain07 posted...

"Good!" says Trump supporter!

globalization is bad obama never should have gotten us in the world trade organization to begin with

So electing a self proclaimed globalist billionaire is obviously the solution.

Hex was making fun of Trump apologists. It's difficult to detect, but when you realize which usernames are rational and which aren't, it becomes easier. If Southcoast had written that, for instance, he'd be dead serious.

Funkydog posted...

Trump basically wants to go full isolationist and ignore the rest of the world.

Remember, his supporters are nationalists who go on and on about the "evils" of globalization.
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BWLurker posted...

Ray_Dorset posted...

Hexenherz posted...

tremain07 posted...

"Good!" says Trump supporter!

globalization is bad obama never should have gotten us in the world trade organization to begin with

So electing a self proclaimed globalist billionaire is obviously the solution.

Hex was making fun of Trump apologists. It's difficult to detect, but when you realize which usernames are rational and which aren't, it becomes easier. If Southcoast had written that, for instance, he'd be dead serious.

omg someone recognizes my username time to abandon ship to another board >_>.
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BWLurker posted...

Ray_Dorset posted...

Hexenherz posted...

tremain07 posted...

"Good!" says Trump supporter!

globalization is bad obama never should have gotten us in the world trade organization to begin with

So electing a self proclaimed globalist billionaire is obviously the solution.

Hex was making fun of Trump apologists. It's difficult to detect, but when you realize which usernames are rational and which aren't, it becomes easier. If Southcoast had written that, for instance, he'd be dead serious.

haha yeah I've seen some of his other posts so I know hex wasn't serious, but that is a talking point I've seen actual supporters make before and I never understood their logic
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BWLurker posted...

"Fucking moron" - Rex Tillerson

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TheVipaGTS posted...

Funkydog posted...

Trump basically wants to go full isolationist and ignore the rest of the world.

which is incredibly stupid and detrimental to our country.

Detrimental to everyone, not just America.

No one wins when the big countries of the world retreat into themselves.
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pikachupwnage posted...

The article says it all really....also

The World Trade Organization was created in 1995

"A U.S. withdrawal from the W.T.O. would send global markets into a spiral and cast trillions of dollars of trade into doubt. It would also blow up an institution that for 70-plus years has been a pillar of global economic and political stability

Uhhhhhhhh.

Firstly tge General Agreement on Tariffs and Trade came into force in the late 1940s and is still pretty much in force due to the WTO.

Secondly 23 years is quite a long time for businesses to operate primarily based on.

We need something like a vote of no confidence.
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5D chess boys
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Can you imagine trying to run a business and work out a projection for even next year, let alone a 5-year plan, when you have zero idea what this clownass is going to do even 3 days from now?
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Bio1590 posted...

Can you imagine trying to run a business and work out a projection for even next year, let alone a 5-year plan, when you have zero idea what this clownass is going to do even 3 days from now?

Trump has a lot of experience with that. It's called filling for bankruptcy.
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Funkydog posted...

Trump basically wants to go full isolationist and ignore the rest of the world.

just another step in becoming like North Korea...
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imagine wanting to restrict the inevitable free exchange of goods, services and ideas

See, even if we get Trump out it'll take the rest of most of our lives to undo the damage he's done. And that's ignoring the whole "you can't undo the damage done by killing innocent people" thing
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I don't agree with everything that Trump say or does, but I support him on this.
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DifferentialEquation posted...

I don't agree with everything that Trump say or does, but I support him on this.

lol
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Don't see a problem.
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For a guy with 5 kids, Trump seems to enjoy all this pulling out.
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