Trump’s embrace of bilateralism in trade relations has pernicious long-term consequences, including ratcheting up the odds of violent conflict.
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The president again threatened to drop out of the World Trade Organization if it doesn’t ‘shape up.’ But a careful review of case filings show the US isn’t treated any differently than its other members.
The United States is blocking new judges to the body that interprets and enforces global trade rules. Australia should start preparing for the end of the World Trade Organisation system.
