[WASHINGTON] US President Donald Trump put pressure on the World Trade Organization (WTO) on Friday to change how it designates developing countries, singling out China for unfairly getting preferential treatment. Read more at The Business Times.
[WASHINGTON] US President Donald Trump put pressure on the World Trade Organization on Friday to change how it designates developing countries, singling out China for unfairly getting preferential treatment.
"The WTO is BROKEN when the world's RICHEST countries claim to be developing countries to avoid WTO rules and get special treatment. NO more!!!" Mr Trump wrote in a tweet on Friday.
In March, USTR said the United States would not allow itself to be held to a"straitjacket" of WTO obligations to which it never agreed.
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