Saturday, July 27, 2019

POLITICS_ Trump Denounces Both China and WTO

THE WALL STREET JOURNAL

POLITICS

Trump Denounces Both China and WTO

President presses trade organization to change China’s ‘developing country’ status



Trump's Trade Fights: Taking on the World
As part of President Trump’s efforts to rebalance trade relationships, he has imposed tariffs on almost every country around the world. WSJ’s Josh Zumbrun explains where we stand with our largest trading partners. Photo composite: Laura Kammerman


By Jacob M. Schlesinger and Alex Leary
Updated July 26, 2019 7:14 pm ET


WASHINGTON—President Trump ramped up his attacks on China and the world trading system, threatening Friday to have the U.S. unilaterally revoke the special breaks global rules grant to nations that call themselves developing countries.

The move, coming on the eve of a new round of U.S.-China trade talks in Shanghai, appears aimed at pressuring Beijing to commit to new specific measures to buy more U.S. goods and further liberalize its market for foreign companies.

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READ MORE: https://www.wsj.com/articles/trump-presses-wto-to-change-china-s-developing-country-status-11564166423



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