WTO Head Warns Trump: U.S. Exit Would Cause World Economy To Descend Into Chaos
In an Oval Office interview this week, as the Guardian reported, President Trump vowed to withdraw from the World Trade Organization (WTO) if it doesn’t “shape up,” calling the agreement establishing the body “the single worst trade deal ever made.” While the POTUS does not shy away from hyperbole, especially in his protectionist trade rhetoric, his threats were taken seriously by Roberto Azevedo, the WTO’s director general, who suggested in an interview with Bloomberg that the economy would descend into chaos, if the U.S. was to withdraw from the organization.
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