November 22, 2024 20:48 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
Donald Trump threatens to pull out US from WTO

Donald Trump threatens to pull out US from WTO

| @indiablooms | 31 Aug 2018, 04:20 am

Washington, Aug 31 (IBNS): US President Donald Trump on Friday warned that his nation might withdraw from the World Trade Organization (WTO).

Trump said he might make the move if the WTO makes no changes in the way it treats the US.

“If they don’t shape up, I would withdraw from the WTO,”  Trump told Bloomberg News.

Trump told the media that the agreement establishing the body “was the single worst trade deal ever made.” 

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 124 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.  

 

Image credit: Official White House Photo by Shealah Craighead

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia 22 Mar 2023, 02:56 pm
Related Videos