Trump says WTO treating the USA 'very badly' despite wins

The Trump Team Has Reportedly Been Drafting Something Called The ‘FART Act

The draft bill would reportedly give the president the power to ignore the global trade rules set by the World Tradt Organization, according to a draft copy obtained by AXIOS.

The "United States Fair and Reciprocal Tariff Act", would allow Trump to consolidate his power and negotiate one-on-one with any country of his choosing.

On top of the tariff intimidations, the European Commission is also deemed to have cautioned Trump that his behavior can "cause yet another disrespect of worldwide regulation" by the U.S., and stating that any auto tax would "harm further the status" of the nation.

Rutte said the talks would focus on jobs and security and told Trump: "Our aim will be to increase those numbers, to be more successful". Critics see the attitude of members states as reflective of their own narrow self-interest, with countries like Canada, Germany, China and the US each prioritizing their own short-term financial gain rather than the "rules-based global order" favoring top-tier imperialist nations which the WTO's defenders are howling in defense of.

According to press reports, any such bill stands little chance of being enacted into law, which means the President could consider withdrawing the USA from the WTO altogether. "We should seek free and fair trade, but this is just not the way to do it".

U.S. President Donald Trump said on June 29 that the probe would be completed in 3-4 weeks.

He does, however, think aspects of the current dispensation disadvantage the United States and would like to see changes.

Consultations constitute the first step in a full-blown legal challenge before the global trade body.

Since last March, his administration has imposed tariffs on imports of steel and aluminum, dealing a blow to its relations with countries such as Canada, those in the European Union, and China, a circumstance that has escalated to an exchange of threats as a prelude to what many foresee as an assured commercial war. "American consumers pay for tariffs".

"We'll spare no effort, be it at the technical or political level, to prevent this from happening", a spokesman for the commission told reporters, adding that commission President Jean-Claude Juncker's trip to Washington later this month would seek to stop any new USA tariffs. "I guess that producers of trucks in the USA that now enjoy the protection of a 20 percent tariff would not be very eager to surrender that protection", she said.

The Netherlands is part of the European Union, which has been involved in a trade dispute with Trump over the automobile imports.

The EU last Friday submitted comments warning the US Commerce Department that US import tariffs on cars and auto parts were unjustifiable and would harm America's automotive industry and probably lead to counter-measures by its trading partners on US exports.

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