US may pull out of WTO if Trump becomes President

July 25, 2016 6:21 pm
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The Republican nominee for US presidential election Donald Trump has suggested that the United States could pull out of the World Trade Organisation if he is elected president. Trump, who has already threatened to renegotiate or rip up the North American Free Trade Agreement, also doubled down in the interview on recent comments questioning the US commitment to its NATO allies. Trump in an interview with NBC television’s “Meet the Press”, has announced that he would slap punitive import taxes of up to 30 per cent on firms that moved manufacturing activities abroad, citing NAFTA partner Mexico as an example. Trump remains dismissive when asked if he was concerned over Britain’s decision to exit the European Union. Regarding the United States’ NATO commitments, Trump was unapologetic, repeating that he intended to force allies to shoulder defence costs that the United States has borne for decades. Trump equivocated, putting forward a vision of Europe as an economic competitor.


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