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Author Topic: Lets watch Trump kill the WTO by Christmas 2019  (Read 413 times)

POST FRANK

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Lets watch Trump kill the WTO by Christmas 2019
« on: May 25, 2018, 10:59:48 AM »
+14
This is likely the most significant, yet boring, play Trump has made since taking office and unsurprisingly no one really cares.

The WTO's appellate body effectively decides trade disputes as it is the only appellate court for trade disputes decided by the WTO's lower court.  This is arguably the most important function of the WTO as it allows for peaceful trade dispute settlement.   The appellate body consists of 7 members and, as required under its constitution, every appeal is to be heard by 3 judges. 

In 2017, 3 judges left: 2 had their terms expire and a 3rd resigned for unrelated reasons.  Since then, the Trump Admin. has been blocking appointment of new judges until certain procedural rules are reformed (for the benefit of the US) and the end of judicial overreach and activism. 

You can find more information in the 2nd section of this article: https://www.ictsd.org/bridges-news/bridges/news/2018-ustr-trade-agenda-highlights-wto-reform-fta-talks

Of the 4 remaining judges: one term expires this year, two terms expire 10 Dec. 2019, and the last term expires in 2020.  This means that after Dec.  10, 2019, the WTO's Appellate Body can no longer hear appellate cases because it will have less than the required 3 judges.  At the same time, lower court decisions at the WTO will still be appealable (that is, unenforceable) and the WTO lacks the ability to make lower court decisions binding without US approval.  Hence, the WTO will be unable to perform one of its primary functions: binding dispute resolution.

This has been escalating since March when Dennis Shea, an anti-China hardliner, became Deputy US Trade Rep and the US Ambassador to the WTO.  China's relevant to this appellate body issue because the Trump Admin. (rightfully) views China as the impetus for WTO reform.  Shea's been openly shitting on China at WTO meetings and recently had this to say:

Quote
A U.S. envoy to the World Trade Organization condemned China’s trade policy and said Beijing’s exhortations against protectionism have “entered the realm of Alice in Wonderland.”

“It is amazing to watch a country that is the world’s most protectionist, mercantilist economy position itself as the self-proclaimed defender of free trade and the global trading system,” Deputy U.S. Trade Representative Dennis Shea said on Tuesday. “White is black. Up is down.”

https://www.bloomberg.com/news/articles/2018-05-08/-up-is-down-in-crazy-world-of-trade-as-china-u-s-clash-at-wto

Relevant and decent reading material:

https://www.bloomberg.com/news/articles/2017-11-08/u-s-block-of-wto-appeals-body-compromises-system-azevedo-says
http://ecipe.org/publications/the-search-for-solutions-to-save-the-wto-appellate-body/?chapter=all
https://www.twn.my/title2/wto.info/2018/ti180401.htm

Eat shit China :reagan:

InsideOutside

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Re: Lets watch Trump kill the WTO by Christmas 2019
« Reply #1 on: May 25, 2018, 12:08:30 PM »
+6

J Dog

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Re: Lets watch Trump kill the WTO by Christmas 2019
« Reply #2 on: May 25, 2018, 12:18:32 PM »
+16
So obviously all the leftists and bernie bros who have been protesting the WTO for decades will support Trump in this.

InsideOutside

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Re: Lets watch Trump kill the WTO by Christmas 2019
« Reply #3 on: May 25, 2018, 12:21:06 PM »
+10
So obviously all the leftists and bernie bros who have been protesting the WTO for decades will support Trump in this.

Absolutely can not wait for the Democratic counterpunch that the WTO helps developing nations blah blah peace through economics blah blah Free Trade Good, WTO Better

How the fuck do they expect for MUH BLUE WAVE to materialize when they insist on alienating the only people on the left who show up to vote on issues?

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Re: Lets watch Trump kill the WTO by Christmas 2019
« Reply #4 on: May 25, 2018, 01:10:26 PM »
+2
and the WTO lacks the ability to make lower court decisions binding without US approval.

 :popcorn:
Quote from: George Lincoln Rockwell
The Conservatives have a slogan which I think is despicable and defeatist: "It's better to be dead than red." And the Commies and Liberals have a slogan which is even worse, it's treason, they say: "It's better to be red than dead." We say this: "You don't have to be Red and you don't have to be Dead. Not dead. Not Red. Dead Reds"