US President Donald Trump. This dangerous moment in trade history can only be reversed if other trading nations remain united against the rogue elephant. Photo: ReutersIs US President Donald Trump trying to unilaterally establish a Washington Trade Organization to replace the multilateral World Trade Organization (WTO) in Geneva? Perhaps, that could well be a leitmotif dictating Trump’s “America First” strategy. President Trump has repeatedly declared that the WTO is a “catastrophe”.

Source: Mint May 08, 2018 18:33 UTC