ECONOMY_ For U.S. to Stay in WTO, China May Have to Leave

THE WALL STREET JOURNAL

ECONOMY - CAPITAL ACCOUNT

For U.S. to Stay in WTO, China May Have to Leave

Instead of unilateral tariffs, the U.S. and its allies could use the World Trade Organization to force China to alter its trade-distorting behavior—or leave

By Greg Ip
Aug. 22, 2018 7:00 a.m. ET


The intensifying trade fight between the U.S. and China didn’t come out of the blue. American frustration has long been building over China’s failure to live up to its commitments when it joined the World Trade Organization in 2001.

But President Trump’s unilateral tariffs risk a Pyrrhic victory that damages global trading rules that have broadly served U.S. interests. There may be a more effective solution: threaten China with expulsion from the WTO.

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READ MORE: https://www.wsj.com/articles/for-u-s-to-stay-in-wto-china-may-have-to-leave-1534935600

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