Current:Home > ScamsWTO chief insists trade body remains relevant as tariff-wielding Trump makes a run at White House -ValueMetric
WTO chief insists trade body remains relevant as tariff-wielding Trump makes a run at White House
View
Date:2025-04-13 02:34:27
GENEVA (AP) — The head of the World Trade Organization insisted Friday that it remains relevant and its leaders focus on reform “no matter who comes into power” as Donald Trump — who as U.S. president bypassed WTO rules by slapping tariffs on America’s friends and foes alike — makes another run at the White House.
WTO Director-General Ngozi Okonjo-Iweala said it “really bugs me” when the Geneva trade body is depicted in the press as seemingly irrelevant — a claim based around the fact that its system of resolving trade disputes is gummed up.
“It’s like the air you breathe: You take it for granted because you don’t see it every day,” she told reporters at WTO headquarters. The organization will host trade ministers and other officials from its 164 member countries in Abu Dhabi from Feb. 26-29.
“People don’t realize that they’re taking for granted that 75% of world trade is taking place on WTO terms,” she said.
Okonjo-Iweala drew plaudits for rallying member countries at the last big gathering in Geneva two years ago by shepherding through agreements to boost production of COVID-19 vaccines in developing countries and banning government subsidies for fishing of some species, like bluefin tuna, that are overfished.
In Abu Dhabi, countries will discuss a “Fish 2” deal to ban subsidies that contribute to too many boats — or overfishing in general. Agriculture will be on the agenda, too, as will a call to extend a pause on duties on goods in digital form, like music and movies.
Overall, the WTO has been back on its back foot in recent years: The United States under the past three administrations has blocked appointments to its appeals court, and it’s no longer operating. Washington says the judges have overstepped their authority too often in ruling on cases.
Trump, who once threatened to pull the United States out of the WTO, ignored its rules by using tariffs — or taxes on imported goods — as a punitive tool against friendly countries in the European Union, Canada, Mexico and others, but especially China.
Okonjo-Iweala, who has both Nigerian and American citizenship, said the world is facing uneven challenges: An economic slowdown has hit some countries like Britain and Japan, while the U.S. economy seems alone to be “going gangbusters.” And at the same time, farmers from India to Europe have held massive protests. It has created a “tough environment” for deals in Abu Dhabi at the end of the month.
Elections in dozens of countries this year make for a tricky political backdrop — including the United States, which she called a “very consequential country” — without mentioning Trump by name.
“What we are focused on at the WTO are what are the appropriate reforms we need to do - no matter who comes into power, when,” she said, insisting that the trade body remains relevant. ”if we get to what you’re saying — that the WTO becomes irrelevant — everyone, including you and me, will be in trouble.”
Trade wars, she said, affect both international trade flows and the countries that engage in them.
“I think that the way we cope with the world and build resilience is to focus on delivering those reforms,” Okonjo-Iweala said. “The best we can do is to demonstrate why ... continuing to follow WTO rules is the best thing for the world.”
veryGood! (2129)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Kings coach Mike Brown focuses postgame press conference on Maine shooting
- TikTok returns to the campaign trail but not everyone thinks it's a good idea
- Hailey Bieber calls pregnancy rumors 'disheartening'
- Buckingham Palace staff under investigation for 'bar brawl'
- Georgia deputy injured in Douglas County shooting released from hospital
- Special counsel accuses Trump of 'threatening' Meadows following ABC News report
- Israel has vowed to destroy Hamas. If that happens, who will lead the Palestinians in Gaza?
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Slain Maryland judge remembered as dedicated and even-keeled
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Maine passed a law to try to prevent mass shootings. Some say more is needed after Lewiston killings
- Taylor Swift Has a Mastermind Meeting With Deadpool 3’s Shawn Levy and Ryan Reynolds
- Volunteer youth bowling coach and ‘hero’ bar manager among Maine shooting victims
- British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
- Experts reconstruct face of teenage Inca girl sacrificed over 500 years ago in Peru
- North Carolina Republicans put exclamation mark on pivotal annual session with redistricting maps
- US strikes back at Iranian-backed groups who attacked troops in Iraq, Syria: Pentagon
Recommendation
Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
Hasan Minhaj responds to New Yorker profile, accusation of 'faking racism'
Big bucks, bright GM, dugout legend: How Rangers' 'unbelievable year' reached World Series
What happened during the Maine shootings last night? A timeline of the tragedy
How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
A baseless claim about Putin’s health came from an unreliable Telegram account
National Air Races get bids for new home in California, Utah, Arizona, New Mexico, Colorado, Wyoming
Houston-area deputy indicted on murder charge after man fatally shot following shoplifting incident