Trump threatens to withdraw US from World Trade Organisation: Report
U.S. President Donald Trump threatened in an interview with Bloomberg News on Thursday (Aug 30) to withdraw from the World Trade Organisation (WTO) if "they don't shape up," in his latest criticism of the institution.
U.S. President Donald Trump threatened in an interview with Bloomberg News on Thursday (Aug 30) to withdraw from the World Trade Organisation (WTO) if "they don't shape up," in his latest criticism of the institution.
 |
U.S. President Donald Trump. (Photo: AFP/Mandel Ngan)
Such a move could undermine one of the foundations of the modern global trading system, which the United States was instrumental in creating.
"If they don't shape up, I would withdraw from the WTO," Trump said.
Trump has complained the United States is treated unfairly in global trade and has blamed the WTO for allowing that to happen.
He has also warned he could take action against the global body, although he has not specified what form that could take./.
VNF/AFP
Recommended
World
"Will continue offering our full support to Indian govt": US FBI Director after Pahalgam attack
FBI Director Kash Patel on Sunday offered condolences to all the victims of the recent terror attack in J&K's Pahalgam and affirmed the "full support" of the US to the Indian government.
April 28, 2025 | 22:45
World
"Great Leader": JD Vance Lauds PM Modi During His India Visit
United States Vice President JD Vance also expressed gratitude for hosting his family at the PM's residence in New Delhi and said that PM Modi was "incredibly kind to my family."
April 24, 2025 | 15:14
World
Trump’s Tariff Pause: A Strategic Move from “The Art of the Deal”?
White House spokesperson Karoline Leavitt stated that President Donald Trump’s unexpected reversal on tariff policy was part of the “art of the deal”, a reference to his 1987 book of the same name.
April 18, 2025 | 15:37
World
"Indian Navy's participation in AIKEYME exercise matter of great happiness": Admiral Dinesh Kumar Tripathi
Chief of Naval Staff, Admiral Dinesh Kumar Tripathi on Sunday said that the Indian Navy's participation in the AIKEYME exercise is a matter of great happiness for the Indian Navy and the country.
April 17, 2025 | 07:00
Popular article
World
ASEAN and US Tariff Dilemma: Hybrid Approach to Global Trade Tensions
In response to the US' tariff policies, ASEAN has adopted a flexible approach, combining a unified stance with space for individual member states to pursue separate negotiations. According to international experts, this pragmatic strategy enables the region to maintain dialogue channels while protecting national interests amid intensifying global strategic competition and trade protectionism.
April 15, 2025 | 14:13
World
Vietnam Affirms Its Active and Responsible Role at UNESCO
Vietnam consistently values multilateralism and upholds the role of UNESCO in promoting peace, sustainable development, and international cooperation. The country has reaffirmed its commitment to remaining a reliable, active, and responsible partner, contributing effectively to UNESCO’s shared programs and initiatives.
April 11, 2025 | 09:57
World
US Imposes 125% Tariff on China, Pauses Tariffs for 90 Days on Over 75 Countries
On April 10, US President Donald Trump announced an immediate increase in tariffs on China to 125%, while pausing tariff impositions for 90 days on more than 75 other countries and reducing retaliatory tariffs to 10%.
April 11, 2025 | 09:51
World
"Massive financial deficits with China, EU can only be cured with tariffs": Donald Trump
US President Donald Trump defended his administration's implementation of reciprocal tariffs on various countries, underlining the financial deficits the US faces with nations like China and the European Union and argued that tariffs are the only solution to these trade imbalances.
April 09, 2025 | 18:17