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Trump threatens to pull out of WTO

TU Curmudgeon

TU Curmudgeon

B.A. (Sarc), LLb. (Lex Sarcasus), PhD (Sarc.)
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From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...

Mr. President, shut your god damn mouth for one second and take a look at what your trade policies are doing to the DJIA. Like right this very second.
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...

You would expect anything different from a nationalist like Trump?
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...

Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
 
Didn't Trump just capitulate to China by delaying tariffs and such? Can we capitulate to more communists if we pull out of the WTO? Because if so, then that's what Trump will do.
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
Click to expand...

.......until the threats boomerang.




Fred shoulda pulled out!
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
Click to expand...

And those on the right wonder why some folks want him out of office? It's because he threatens everyone among ten thousand other things. He's a bully with a big mouth and the us military to back him up.
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
Click to expand...

That's exactly my read. It's not about the way the WTO treats the US, but that they aren't enforcing the same regulations on China and India, thereby givign them an unfair advantage.

And he has a great point. China and India are considered by the WTO to be developing economies, and therefore exemp from many trade regulations. That may have made sense at one time when they were struggling to develop infrastructure and manufacturing. However, now at the #2 (China) and #6 (India) economies (per the World Bank) are no longer 'developing', but key players on the world market. They should be treated as such.
 
bongsaway said:
And those on the right wonder why some folks want him out of office? It's because he threatens everyone among ten thousand other things. He's a bully with a big mouth and the us military to back him up.
Click to expand...

Would the person who fights a bully be considered a bully? Shouldn't you come up with a more accurate description of Trump in this case?
 
dcsports said:
That's exactly my read. It's not about the way the WTO treats the US, but that they aren't enforcing the same regulations on China and India, thereby givign them an unfair advantage.

And he has a great point. China and India are considered by the WTO to be developing economies, and therefore exemp from many trade regulations. That may have made sense at one time when they were struggling to develop infrastructure and manufacturing. However, now at the #2 (China) and #6 (India) economies (per the World Bank) are no longer 'developing', but key players on the world market. They should be treated as such.
Click to expand...

Yes, but this can be done within the WTO structure. China should certainly be moved up. Though India is a **** hole, so I'm not super sure where it stands economically.
 
cabse5 said:
Would the person who fights a bully be considered a bully? Shouldn't you come up with a more accurate description of Trump in this case?
Click to expand...

Let me try to narrow it down. He's a con man and once he wormed his way into the white house he became a con man bully.
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...



More of Trump's Amexit M.O.
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
Click to expand...

I think it's become clear that Trump doesn't believe what he says himself, so why should any nation would take him at his word?

Seems like the correct response is to tie things up in negotiations until Trump's gone.
 
dcsports said:
That's exactly my read. It's not about the way the WTO treats the US, but that they aren't enforcing the same regulations on China and India, thereby givign them an unfair advantage.

And he has a great point. China and India are considered by the WTO to be developing economies, and therefore exemp from many trade regulations. That may have made sense at one time when they were struggling to develop infrastructure and manufacturing. However, now at the #2 (China) and #6 (India) economies (per the World Bank) are no longer 'developing', but key players on the world market. They should be treated as such.
Click to expand...

India and China are still developing countries

The GDP per capita for both are still in the "developing" range. For China the further west you go the less developed the country is. In the south western regions the economic development in China is around the same as the poorest areas of Mexico. India has even larger areas that are extremely underdeveloped.

The issue is that both countries are large, with very large population. A good 300 million Chinese have living standards on par with say Portugal, another 700 million like Mexico, and another 400 million like the worst areas of Central America (not the crime rates however)

They both are developing on the whole, but because of the large population, the parts of the country and economy that are developed have a significant impact on the world's economy
 
TU Curmudgeon said:
I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.
Click to expand...
The US wins almost every case it brings before the WTO -- including actions it brings against China.

I.e. Trump is a dumbf*** who does not understand trade, the WTO, deficits, economics.... The day when he is out of office cannot come soon enough.
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
He wants the WTO to take action against the countries that continue with unfair trade practices. He makes threats to generate a response.
Click to expand...
That's not how it works.

The WTO doesn't bring actions. It is member nations that bring actions, which are then adjudicated by the WTO.

The US, by the way, wins almost every WTO action it initiates. It's not a big deal if someone like you doesn't know that; however, a POTUS who doesn't know that is an ignoramus who has no business managing foreign policy and trade negotiations.
 
Outlook said:
Trump isn’t going to pull out of WTO anymore than he is going to pull out of NATO.
Click to expand...

In a rational world, that would be true.

Outlook said:
He wants the WTO to take action against the countries that continue with unfair trade practices.
Click to expand...

More correctly "He wants the WTO to take action against the countries that continue with whatever it is that he decides are unfair trade practices (and his usual definition of an "unfair trade practice" is "anything that does not guarantee that American companies make all the profits and other countries pay all the bills).".

Outlook said:
He makes threats to generate a response.
Click to expand...

And when that response is along the lines of "Do you actually expect any rational person to believe that BS." he has a snit fit.
 
Visbek said:
The US wins almost every case it brings before the WTO -- including actions it brings against China.
Click to expand...

Quite right, the US has won around 104 of the 114 cases that it have been taken to the WTO (with the US as the complainant). That's around 90%.

On the other hand, the US has lost around 115 of the 129 cases that have been taken to the WTO (with the US as the respondent). That's around 89%.

Of the 243 cases that have been taken to the WTO (where the US was a party), after "normalizing" to balance the number of times that the US was the complainant and the respondent the US has won around 50% of the time and has lost around 50% of the time. I wouldn't say that that indicates much of a predilection for the WTO to unfairly rule against the US - would you?

Visbek said:
I.e. Trump is a dumbf*** who does not understand trade, the WTO, deficits, economics.... The day when he is out of office cannot come soon enough.
Click to expand...

As that doesn't have anything (much) to do with whether or not the WTO has a predilection (unfairly) to rule against the US, I won't comment.
 
Ikari said:
Yes, but this can be done within the WTO structure. China should certainly be moved up. Though India is a **** hole, so I'm not super sure where it stands economically.
Click to expand...

It's my understanding that India has come a long way in it's development, and is far more modern than it was. It's the #6 or #7 economy, depending on the measurement, right there with France and ahead of Italy, Canada, Russia, Mexico, and others. Granted, it has a big population and a lot of poverty, but it's well past the emerging nation conditions that the status was designed to protect.

In any case, China is the issue. The US has been working through the WTO structure, and will continue to do so. This is simply a message, in Trump's way, to try to push for some movement.
 
dcsports said:
It's my understanding that India has come a long way in it's development, and is far more modern than it was. It's the #6 or #7 economy, depending on the measurement, right there with France and ahead of Italy, Canada, Russia, Mexico, and others. Granted, it has a big population and a lot of poverty, but it's well past the emerging nation conditions that the status was designed to protect.

In any case, China is the issue. The US has been working through the WTO structure, and will continue to do so. This is simply a message, in Trump's way, to try to push for some movement.
Click to expand...

I'm not 100% sure where India stands in classification, but Pune sure as heck seems 3rd world to me.
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...

Trump is a child, crying, stomping his feet... the world is unfair to me and why do you hate meeeee

He often makes threats. He is a blubbering idiot, and he should not be president
 
I was expecting this the first year. I wonder what took so long.

SheWolf said:
Trump is a child, crying, stomping his feet... the world is unfair to me and why do you hate meeeee He often makes threats. He is a blubbering idiot, and he should not be president
Click to expand...
When he's right, give him credit for being right. The World Trade Organization is being unfair.
 
Last edited:
Jay59 said:
When he's right, give him credit for being right. The World Trade Organization is being unfair.
Click to expand...
Oh, really? When, exactly, was the WTO "unfair?" Please provide specific examples.
 
Lord Tammerlain said:
India and China are still developing countries

The GDP per capita for both are still in the "developing" range. For China the further west you go the less developed the country is. In the south western regions the economic development in China is around the same as the poorest areas of Mexico. India has even larger areas that are extremely underdeveloped.

The issue is that both countries are large, with very large population. A good 300 million Chinese have living standards on par with say Portugal, another 700 million like Mexico, and another 400 million like the worst areas of Central America (not the crime rates however)

They both are developing on the whole, but because of the large population, the parts of the country and economy that are developed have a significant impact on the world's economy
Click to expand...

Certainly, the countries as a whole are developing, with some areas being quite prosperous and others not so much. However, in terms of their economy and trade, they are doing well. It's hard to argue, for example, that the second largest economy in the world (China) is unable to fully particpate in the world market. The difference being that they aren't required to comply with WTO requirements (like honoring intellectual property).
 
TU Curmudgeon said:
From United Press International

Trump threatens to pull out of WTO
​

Aug. 14 (UPI) -- U.S. President Donald Trump threatened to pull out of the World Trade Organization, saying "we'll leave if we have to."

At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long -- and it was about to stop.

"We know that they have been screwing us for years," he told the crowd of workers. "And it's not going to happen any longer."

He said China has "ripped off" the United States for years with the support of U.S. money through the WTO, and if the international trade regulator isn't going to be fair, "we don't need it."

COMMENT:-

I suppose that there is some possibility that Mr. Trump has determined that the WTO is not "being fair" to the United States of America because the US government keeps on losing cases where other countries allege that the US is "breaching the WTO rules" AND THEN have the absolute gall to actually prove their cases.

Of course every other country in the world is going to be positively overjoyed to allow the US government to set all of the rules for trade (and to change them whenever the President of the United States of America feels like changing them [and to have all of the cases regarding US government actions heard and determined by American courts {where the US government has the power to preclude the court from even entertaining the case <"for reasons of 'national security'" - where the absolute authority to decide if a case involves "national security" rests with the President of the United States of America ->}]).
​
Click to expand...


doit.jpg
 
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