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
Most read
Recommended
World
Singapore needs to continue to engage with ASEAN and India: President Tharman
Singapore's President Tharman Shanmugaratnam highlighted that Singapore's need to continue to engage with ASEAN neighbors, India, and China.
January 20, 2025 | 12:38
World
India is set to become a global semiconductor powerhouse by 2035
Tessolve Co-Founder & CEO, Srini Chinamilli, outlines compelling reasons why India’s ambitious goal of emerging as a global semiconductor hub within the next decade is achievable
January 18, 2025 | 16:09
World
Stagwell (STGW) Acquires ADK GLOBAL: Bolstering Growth for the Network Across APAC
Headquartered in Japan, the leading integrated marketing solutions firm will join Stagwell’s growing APAC presence, furthering Stagwell’s global expansion
January 17, 2025 | 07:58
World
After Armenia, Another Nation Eyes India's Akash-1S, a Surface-to-Air Missile System with 96% Indigenous Content
Following the successful export of Akash -1S Air Defense System to Armenia, India is now in talks with another potential buyer for the solidifying the growing interest in Indian defense technology on the global stage.
January 17, 2025 | 07:00
Popular article
World
Argentine Media Speak Highly of Vietnam's Efforts in Economic Diplomacy
In 2024, Vietnam continues to persist in its efforts to further connect with its global partnerships, particularly by exploring new growth drivers in Latin America, Middle East Africa, and developed industrial countries (G7) through the foreign affairs activities of Party and State leaders.
January 13, 2025 | 11:36
World
Why France Is India’s Best Bet for Building Nuclear-Powered Submarines
The acquisition of SSNs represents a significant step in enhancing India’s deterrence in the Indian Ocean. But India will need help in the endeavor, and France is the most attractive partner.
January 13, 2025 | 11:18
World
India hands over defence equipment, stores to Maldives
Indian Defence Minister Rajnath Singh held bilateral discussions with the Defence Minister of Maldives Mohamed Ghassan Maumoon in New Delhi on Wednesday. During the meeting, India handed over defence equipment and stores to the Maldives, as per the island nation’s request.
January 10, 2025 | 10:43
World
World Leaders Share New Year Message
Russian President Vladimir Putin, Chinese President Xi Jinping, and German Chancellor Olaf Scholz are among the first world leaders to deliver New Year's messages to their nations for 2025.
December 31, 2024 | 22:04